Skyrexio | DODO Will Show Exit Pump Before CrashHello, Skyrexians!
Today we have the interesting low cap coin BINANCE:DODOUSDT which dropped significantly in the previous bull run and now still inside the huge accumulation zone. Is there any chance to see the growth and what is the target?
On the weekly time frame we can see that Bullish/Bearish Reversal Bar Indicator formed red dot twice on the upper band of accumulation range and recently it flashed the green long signal. This is strong sign that this asset is about to escape the accumulation zone soon.
Anyway this crypto is in global downtrend and we cannot wait for the new ATH, but 0.61 Fibonacci retracement area is reachable, so we can see the price between $1 and $1.5 in 2025.
Best regards,
Skyrexio Team
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DODOUSDT
DODO🟢 Comprehensive Analysis of DODO/USDT (Weekly Timeframe)
1️⃣ Introduction to DODO
DODO is a decentralized platform (DeFi) designed to facilitate trading and liquidity provision using its unique PMM (Proactive Market Maker) algorithm.
Unlike traditional AMMs (such as Uniswap), DODO offers users an optimized liquidity experience and reduced slippage.
Given its low market cap, high volatility, and limited liquidity, DODO is categorized as a high-risk asset, suitable for risk-tolerant investors.
2️⃣ Technical Analysis
Range Box:
Bottom of the Range Box:
Gray Zone:
0.0788 − 0.0929
Top of the Range Box:
Green Zone:
0.2204 − 0.2673
Key Support:
After hitting the top of the range box, the price retraced to the red zone at 0.1401 − 0.1434, which now acts as the most critical support.
Possible Scenarios:
If the red support holds:
The price may climb back to the top of the range (green zone).
If the red support breaks:
The price is likely to retrace further to the bottom of the range (gray zone).
If the top of the range breaks:
A breakout above the green zone, accompanied by high trading volume and price stabilization, could push the price toward the blue zone at 0.6391 − 0.7893.
This move could present a safe entry for investors.
3️⃣ Suggested Entry Points
Red Zone Support:
Entry: If the price reacts positively to this zone.
Stop Loss: Below the gray zone.
Bottom of the Range (Gray Zone):
Best Entry Point: Offers the most favorable risk/reward ratio.
Stop Loss: Below the gray zone.
Breakout Above the Top of the Range (Green Zone):
Entry: After price stabilizes above the green zone.
Stop Loss: Below the red zone.
4️⃣ RSI and Trading Volume
RSI:
An upward trendline on RSI lows and the 50-level midline act as support.
Breaking these lines could signal a trend reversal.
Trading Volume:
During resistance breakouts, a significant increase in volume is essential. Without it, the breakout is likely to be a fakeout.
5️⃣ Summary and Recommendations
DODO is a high-risk asset that requires careful consideration before entry.
Investors should combine technical analysis with proper risk management and control over emotions.
Recommendations:
Pay close attention to trading volume and confirm breakouts.
Define clear entry points and use precise stop-loss orders.
📌 Important Note:
This analysis is for educational purposes only. All financial decisions are the responsibility of the users. Always conduct your own research before investing.
DODO 4h. Deep Dive into This Token’s Potential. 12/07/24Current Situation:
The price is trading at $0.2086, showing a correction after recent growth. There is a local decline in trading volumes, which may indicate weakening selling pressure.
Key Levels:
Limit Buy Levels:
$0.1912-$0.1762: A key zone for accumulating positions.
$0.1612-$0.1399: A deep correction area where support is likely.
Resistance:
$0.2388: The nearest target for a rebound.
Strategy:
A potential correction to $0.1912-$0.1762 is expected, followed by a rebound to the $0.2388 zone. It’s preferable to plan entries with limit orders at support levels. If $0.2388 is broken, the price may test higher levels.
DYOR.
DODODODO which makes DeFi liquidity more accessible, uses its own proactive market-maker algorithm to offer better liquidity and price stability instead of automated market makers, which many other DEXs use. Anyway, DODO has been in a downtrend for a while. However, recently the price has broken the downtrend line upward and then retracted to make another minor downtrend line; DODO broke that too and then made a sharp upward wave. It seems DODO is signaling a reversal. Let's see what happens.
DODO USDT Spot trade 50% potential DODO/USDT is showing signs of a potential breakout, with a possible 50% upside in the near term. The price is approaching key resistance levels, and if it breaks above with strong volume, we could see a rally. Watch for confirmation through technical indicators such as moving averages and RSI to manage risk effectively. 📈 #DODO #Crypto #Breakout
DODO buy/long setup (1D)A bearish tigger line has been broken and we have a bullish CH and BOS on the chart.
We have a support swap zone on the chart which is our buy/long position.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
DODOUSDT Triple Bottom BreakoutDODOUSDT Technical analysis update
The DODO price has broken the triple bottom neckline resistance line with high volume and is trading above the 100 and 200 EMA on the daily chart. We can expect a strong bullish move.
Resistance 1: $0.225
Resistance 2: $0.325
Regards
Hexa
DODO Secondary trend. 02 09 2024Logarithm. Time frame 3 days (less is not needed). The price is in a horizontal channel, at the support zone, near the capitulation zone and liquid zones, which can give a massive triggering of long stop loss under the channel.
A descending wedge (secondary trend) was formed by the decline from 03/13/2024. Its breakthrough is a trend break.
The chart shows two average, not maximum targets for breaking the descending wedge (secondary trend) for orientation:
🟢 1) maintaining channel support and not entering the capitulation zone.
🔴 2) entering the capitulation zone.
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The previous idea (wedge and work in the accumulation channel) for this coin and a similar trading situation that was published more than a year ago before the reversal (about +200%)
DODO/USDT Secondary trend. Accumulation channel 08 2023
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The prices are currently acceptable from the standpoint of both the secondary trend and the main one.
⚠️ Due to the rather low liquidity, capitulation zones are extensive on such cryptocurrencies due to price slippage. Remember this and work wisely with the margin, and it is better to work with such cryptocurrencies only on the spot.
🟢 In the long term, this DEX will be heavily pumped up. Now they are pouring in a lot of money. The network has grown by 200% in users in a few months. This is all happening unnoticed against the background of the negative local fall of bitcoin.
Linear price chart.
Main trend. Time frame 1 week.
DODO Main trend 09 2024
DODO Main Trend 09 2024Logarithm. Price at support of horizontal long-term accumulation channel, near capitulation zone. Medium-term and long-term targets of this cycle.
📊DODO network growth over the last couple of months by more than 200%. Pay attention to this DEX.
This horizontal channel on a larger scale.
Secondary Trend Wedge and Capitulation Zone.
DODO/USDT Technical Analysis in a 3-Day TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
DODO has been in a downtrend since March 2024 and is now close to the support line at $0.0915. The price is likely to reach the lower support level, ranging between $0.0713 and $0.0915.
A rebound is likely once the price hits this support range. The RSI is forming a bullish divergence pattern, indicating a possible reversal soon.
Key levels:
- Support level/Accumulation: $0.0713 to $0.0915.
- Target: 2x-3x.
- RSI: Bullish divergence formation.
DYOR, NFA
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DODOUSDT Rectangle PatternDODOUSDT Technical analysis update
DODO's price has been trading within a rectangle pattern for the last 840 days and price has now dropped again to the box's support level. we can expect a bullish move from the current rectangle support level.
Next Target is $0.35
Stop Loss: $0.078
Regards
Hexa
DODO analysisDODO has formed a liquidity pool after the bearish CH at the bottom of the chart.
It is also placed below a resistance swap range.
We expect deeper drops from DODO.
If POI is reached, we can look for buy/long
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
DODO/USDT Secondary trend. Accumulation channel 08 2023Logarithm. Time frame 3 days.
Accumulation channel 15 months. The main step of dialing according to liquidity, 80%.
Local trend—descending wedge. Pivot zone from key support/resistance levels. The percentage for orientation is shown.
This idea is a continuation of a similar idea published a year ago at the beginning of the formation of the channel of the set with the exact zone of the set with a step of 80%. DODO/USDT Local work. Volume
Very long accumulation - 1.5 years. There is a stop loss long collection under the channel support. There is a volume set. Which will be distributed at cycle change.
Linear chart with no market noise.
Main trend
The main trend of this cryptocurrency can be traced in this idea published 1 year ago. Time frame 1 week.
DODO/USDT Major trend. Downward channel.
Dodox/usdt update DODOX/USDT buyers have been consistently pushing the price up from a crucial support level, indicating a potential breakout in the near future. If this breakout is successful, we could witness a significant bullish rally on the horizon. It is advisable to keep a close watch on this price movement as I am overall optimistic about the market direction.
However, it is vital to note that this is not financial advice. It is recommended to perform your own research (DYOR) before making any investment decisions. Stay informed and monitor the charts closely to spot any key developments that may affect the price action. Remember, the cryptocurrency market can be highly volatile, so always trade responsibly and with caution."