DODO/USDT Technical Analysis: Potential Reversal Setup ⚡

$DODO

DODO is trading at 0.1702, up 1.19%, with a 24-hour high of 0.1804 and a low of 0.1517. The price is showing signs of a potential reversal after a period of consolidation.

Key Trading Levels

🔹 Long Signal:

Entry: Above 0.1750

Take Profit Targets:

0.1800

0.1850

0.1900

Stop Loss: 0.1650

🔹 Short Signal:

Entry: Below 0.1650

Take Profit Targets:

0.1600

0.1550

0.1500

Stop Loss: 0.1750

Depth Info

Order Book Depth: Strong buy orders near 0.1700, with notable selling pressure at 0.1797.

Trade Setup & Strategy

Bullish Scenario: A break above 0.1750 could push the price towards 0.1800 or higher.

Bearish Scenario: A decline below 0.1650 could open the door for further downside towards 0.1600.

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