$DOLO
/USDT BEARISH CONTINUATION SETUP
Market Structure:
Price action shows clear rejection from the upper supply zone with a series of lower highs, confirming $DOLO bearish dominance. Momentum indicators suggest weakening buying pressure and a likely continuation to the downside after a minor pullback.
Trend Bias: Bearish
Preferred Trade: Short
Short Entry Zone:
Sell on a pullback into the prior resistance / breakdown area.
Targets (TP):
TP1: Near the first intraday support
TP2: Major demand zone from previous consolidation
TP3: Extended move toward the lower range support
Stop Loss (SL):
Above the recent swing high / invalidation of bearish structure.
Trade Logic:
Rejection from resistance + bearish market structure + volume divergence favors sellers. As long as price stays below resistance, downside continuation remains the higher-probability move.
Risk Management:
Risk only 1–2% per trade, trail stop after TP1, and avoid over-leveraging.
#TechnicalAnalysis #TrendTrading #SupportResistance #RiskManagement #RiskManagement $DOLO