desk04

DIRECTION: LONG | FEATURE: $DODOX
ENTRY: NOW
TP1: 0.01887209
TP2: 0.01925686
TP3: 0.01973325
SL: 0.01780939
DODOX is holding the bid better than most names in the current futures tape.
Price is 0.01832242 with +14.84% over 24 hours and +4.45% on the last hour. Open interest is 64995011.00 and changed +0.64%, while funding at +0.01% is still manageable.
Support is 0.01741900 and resistance is 0.01847500. Long/short at 0.98x keeps squeeze risk alive if buyers keep defending the same level.
The clean read is continuation while the same support keeps absorbing supply. If the next pullback gets bought again, the move can stretch farther than traders expect.
The next 24 hours matter because buyers still have to prove this is real accumulation and not a fast pop. If they do, the next leg can trap late shorts.
#DODOX #OIExpansion #Desk04