The DODO/USDT 4-hour chart highlights a breakout from a falling wedge pattern, a classic bullish setup. With the RSI at 59, momentum is building, and the stochastic oscillator confirms further upside potential. Bollinger Bands show expanding volatility, while EMA ribbons act as strong support. The next target is $0.3000, signaling a promising upward move. Increasing buy volume further solidifies confidence in a strong rally ahead for DODO.
The "Others" market cap chart shows a bullish breakout from a cup pattern, signaling growth across altcoins. Simultaneously, the DODO/USDT chart reveals a falling wedge breakout and EMAs trending upward. RSI and stochastic oscillators on both charts suggest increasing momentum. With "Others" market cap pumping, DODO targets $0.3017, aligning with broader market trends. Strong buy signals for a bullish run!
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Based on these charts, the BTC Dominance (BTC.D) shows signs of potential weakness, indicated by a descending wedge formation. If BTC.D declines, altcoins like DODOUSDT may gain momentum. DODO’s chart highlights a breakout from a descending channel, supported by bullish RSI and stochastic indicators. The next target for DODO is $0.3017, suggesting a strong rally ahead if the market dynamics align favorably.
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Based on the heatmap, DODOUSDT shows significant liquidity at higher price levels, indicating bullish pressure in the longer time frame. Short-term fluctuations might appear bearish, but the overall trend favors upward momentum.
Trade Details:
Entry: Around 0.1477 ( Join my Binance live for premium crypto signals )
1st Tp: 0.2218
2nd Tp: 0.3010
$DODO #swap_crypto #DODOtokens
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