$DOLO /USDT — Market in Pure Tension
DOLO is under heavy pressure, trading at 0.03459, down 8.18% on the day. The move from the 24h high at 0.03807 to the 24h low at 0.03340 shows how quickly sentiment flipped from hope to fear.
Technically, the picture is bearish and clear:
MA(7): 0.03522
MA(25): 0.03566
MA(99): 0.03614
Price is trading below all key moving averages, and they are all sloping downward, confirming strong selling momentum. Each attempted bounce was rejected, turning into another leg lower.
Volume is alive with 34.24M DOLO traded, signaling active distribution rather than panic silence. Bears remain in control for now, while bulls wait near support, hoping this drop marks exhaustion rather than the start of a deeper slide.