$DODO 🦅
(For buying opportunity) 📢
$DODO is currently in a bearish phase, trading at critical support levels with declining volume. While it might recover to test resistance levels, cautious traders should wait for signs of reversal, such as a breakout above ($0.1760). Tight risk management is essential due to the bearish sentiment.
$DODO has declined by -6.63% in the last 24 hours,
The price is testing critical support levels, and further downside is possible if buying interest does not increase.
The trading volume is declining, with lower activity seen compared to recent averages.
This could indicate weak market interest or caution among traders.
📈📉
1. Entry Point:
Aggressive Entry: $0.1715-$0.1720
Conservative Entry: Wait for a breakout above $0.1760 to confirm bullish recovery.
2. Targets:
Target 1: $0.1760
Target 2: $0.1800-$0.1810
Target 3: $0.1890
3. Stop-Loss:
Place a stop-loss below $0.1695 to manage downside risk.