$DOLO Long Liquidation Update
Long positions totaling $3.2948K were liquidated at $0.05354, clearing excess leverage and resetting short-term positioning.
Market Structure
Price is stabilizing after the liquidation sweep, suggesting selling pressure is being absorbed rather than accelerating. This reset keeps a bullish breakout scenario on the table if support continues to hold.
Key Levels
Support: $0.0535 – $0.0518
Resistance: $0.0565 → $0.0602
Bullish Trade Setup
Entry: Break and hold above $0.0565, or a strong reclaim from the $0.0535 zone
Targets:
TP1: $0.0602
TP2: $0.0648
Stop Loss: Below $0.0509
Market Sentiment
The liquidation flushed weak longs and improved risk conditions. With leverage reset and structure holding near support, buyers gain the advantage on a confirmed resistance break.
Bullish bias strengthens on acceptance above resistance while structure remains intact.
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