The analysis of the $DODO /USDT pair reveals key support and resistance levels, with potential for both bullish and bearish movements:
Key Support: $0.1825-$0.1840
Key Resistance: $0.1950, $0.2050
The chart hints at a descending triangle pattern, which could signal bearish continuation if support breaks. However, a bounce off support may lead to bullish momentum.
Long Entry:
Entry Range: $0.1860-$0.1870
Targets: $0.1950, $0.2050
Stop Loss: $0.1815
Short Entry:
Entry Below: $0.1820
Target: $0.1750
Stop Loss: $0.1880
Next Move:
A break below $0.1820 signals bearish momentum.
A bounce above $0.1840 could trigger a bullish reversal targeting $0.2000+.
Keep an eye on these key levels and manage risk wisely!
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