$DOLO (Dolomite) Analysis
What is DOLO?
$DOLO is the native utility/governance token for the Dolomite DeFi protocol, a capital-efficient decentralized money market that also supports trading, lending and borrowing, while allowing users to keep yield and governance power even when assets are used as collateral.
Market Snapshot (Live context)
Live price (approx): around $0.06–$0.07 USD per DOLO (varies by exchange).
Market cap (live snapshot): tens of millions USD.
24h range: wide swings have been seen — e.g., highs near ~$0.08 and lows near ~$0.04 in recent sessions.
All-time high: ~$0.37 in August 2025 — current prices remain significantly below that peak.
Short-Term Technical Notes (from live chart)
4-hour candlesticks show momentum swings and multiple testing of support/resistance zones.
Frequent long wicks on recent candles suggest high intraday volatility.
Use additional indicators (RSI or MA overlays) for deeper entry/exit decision-making.
Bullish Factors
Renewed trading interest & short-term gains versus recent lows.
Utility in a DeFi protocol combining lending and trading modules.
Risks / Considerations
Still far from all-time highs — indicates lingering selling pressure.
Small-cap crypto tokens like DOLO can swing widely in short timeframes.