$DOLO
👀📉
I’m keeping a close eye on this after the strong selloff and a clear reaction from the 0.0384 demand zone.
Reason 🔍
There was heavy selling earlier, but sellers couldn’t drive price any lower. The sharp rejection from the lows suggests panic selling is cooling off ❄️ and buyers are starting to step in 💪.
Market Read 📊
On the 15m timeframe, liquidity was swept below the previous low and price snapped back quickly ⚡. Overall structure is still weak, but this is a short-term relief bounce setup, not a full trend reversal. I’m trading what price is showing right now 👁️🗨️.
Entry Zone 🎯
Looking to enter around 0.0388 – 0.0392, where price is reclaiming the demand area.
Targets 🚀
TP1: 0.0410
TP2: 0.0425
TP3: 0.0460
These align with prior breakdown zones and short-term resistance levels.
Stop Loss ⛔
0.0379
A clean loss of this level invalidates the setup, and I’m out immediately.
Trade the reaction, manage the risk 🧠📌
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