@Dolomite #Dolomite $DOLO Support/Resistance: Support zone seems to be around $0.1600 – $0.1650 (where the price has bounced slightly). Resistance zone is near $0.1970 (24h high). Buying Opportunity Analysis: The price is sitting very close to its 24h low, meaning it could be near a bottom zone. If it holds above $0.1613, this could be a short-term accumulation opportunity for buyers aiming for a rebound. However, the downtrend is still strong, so this looks more like a high-risk, high-reward buy zone rather than a safe long-term entry. A breakout above $0.1970 could confirm a bullish reversal, but if it falls below $0.1600, more downside risk is likely. 👉 In short: DOLO is at a potential bargain level, but the trend is bearish. This could be a buying opportunity for short-term traders who can manage risk, while cautious investors might wait for confirmation of a reversal.
@Dolomite_io #Dolomite $DOLO Support/Resistance: Support zone seems to be around $0.1600 – $0.1650 (where the price has bounced slightly). Resistance zone is near $0.1970 (24h high). Buying Opportunity Analysis: The price is sitting very close to its 24h low, meaning it could be near a bottom zone. If it holds above $0.1613, this could be a short-term accumulation opportunity for buyers aiming for a rebound. However, the downtrend is still strong, so this looks more like a high-risk, high-reward buy zone rather than a safe long-term entry. A breakout above $0.1970 could confirm a bullish reversal, but if it falls below $0.1600, more downside risk is likely. 👉 In short: DOLO is at a potential bargain level, but the trend is bearish. This could be a buying opportunity for short-term traders who can manage risk, while cautious investors might wait for confirmation of a reversal.
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