$DOLO is trading around 0.0429, down roughly -1.7% on the day. After a sharp sell-off, price defended the 0.0426–0.0427 zone and is now forming a short consolidation. On the 1H timeframe, rejection wicks from the lows and small-bodied candles suggest selling pressure is weakening. Momentum is attempting to rebuild, but confirmation is still needed.
Key structure to watch is the 0.0438–0.0440 area. A clean break and hold above this level would shift short-term control back to buyers.
Trade Setup (Speculative, short-term)
• Entry Zone: 0.0427 – 0.0431
• Target 1: 0.0438
• Target 2: 0.0445
• Target 3: 0.0455
• Stop Loss: 0.0422
If volume expands and price reclaims 0.0438, continuation toward the prior highs near 0.0455 becomes likely. Failure to hold 0.0426 would invalidate the setup and open room for a deeper pullback.
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DOLO
0.03606
+1.34%