$DOLO Signal】Pullback to Long + 1H Strong Consolidation, Powering Up for Another Attack



$DOLO The 1H timeframe has experienced a massive rally and is currently in a strong consolidation at high levels. The price is supported above 0.0400, with the 1H EMA20 (0.0390) forming a dynamic defense line. The 4H timeframe has confirmed a breakout of the long-term downtrend line, with a large bullish candle establishing a bullish trend. The current pullback presents an excellent second entry opportunity. Open interest remains stable, funds have not exited, and buying depth around 0.0408 indicates main force support.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0406 - 0.0408 (Reason: 1H candlestick real body support zone and dense buy zone resonate)

🛑Stop Loss: 0.0391 (Reason: Break below 1H EMA20 support and previous 1H candlestick low)

🚀Target 1: 0.0429 (Reason: Testing previous high resistance)

🚀Target 2: 0.0450 (Reason: 4H wave Fibonacci extension at 1.618 level)

🛡️Trading Management:

- Position suggestion: Light position (Reason: Significant rally within the day, increased volatility, control risk)

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks through 0.0429 and stabilizes, hold the remaining position towards Target 2.

Depth logic: Over the past 24 hours, the increase exceeds 17%, with volume and price rising together. The 4H buy volume has significantly expanded, indicating a clear signal of main force entering. Although the latest 1H buy ratio has decreased, the price refuses a deep correction, indicating healthy turnover. The 1H RSI (64) is in a strong zone but not overbought, leaving room for further upward movement. The order book shows sell orders increasing above 0.0410, which may cause resistance on the first attempt to push higher, but support below is solid, making the pullback an opportunity.

View real-time market 👇 $DOLO

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