$DODO Analyzing $DODO: Hourly K Level Insights

Continuing the speculation on the hourly K level of $DODO, I want to share a more comprehensive analysis.

Currently, the indicators in the hourly cycle suggest a high probability of a pullback. The MACD’s red and green columns are about to turn red, with the fast and slow lines indicating a potential downward cross, signaling a dead cross.

Additionally, the RSI is in the overbought range and shows signs of declining.

Key Levels:

The first target for the pullback is a critical structural position, represented by the white box in the chart below. Fibonacci levels are not applicable here.

For those considering a spot entry at the daily K level, the safest integer is 0.12, as DODO currently lacks a contract.

Current Price: $0.1257 (+6.25%)

Market-making activity is noticeable. Will $DODO reach the upper edge along this channel? Currently, the hourly K indicates there are no suitable entry points since the RSI is in the overbought range. This range is more appropriate for taking profits rather than entering new positions.

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