DODO 4h. Deep Dive into This Token’s Potential. 12/07/24
Current Situation:
The price is trading at $0.2086, showing a correction after recent growth. There is a local decline in trading volumes, which may indicate weakening selling pressure.
Key Levels:
Limit Buy Levels:
Resistance:
Strategy:
A potential correction to $0.1912-$0.1762 is expected, followed by a rebound to the $0.2388 zone. It’s preferable to plan entries with limit orders at support levels. If $0.2388 is broken, the price may test higher levels.
DYOR.
The price is trading at $0.2086, showing a correction after recent growth. There is a local decline in trading volumes, which may indicate weakening selling pressure.
Key Levels:
Limit Buy Levels:
- $0.1912-$0.1762: A key zone for accumulating positions.
- $0.1612-$0.1399: A deep correction area where support is likely.
Resistance:
- $0.2388: The nearest target for a rebound.
Strategy:
A potential correction to $0.1912-$0.1762 is expected, followed by a rebound to the $0.2388 zone. It’s preferable to plan entries with limit orders at support levels. If $0.2388 is broken, the price may test higher levels.
DYOR.
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