DODOUSDT trade ideas
DODO usdt - will it survive the $5+ range?DODO platform new to the market sees buoyant trading on the smaller timeframes.
Expect to see support levels drop over the next week with the falling EMA.
DODOUSDT (DODO) - UPTREND CONTINUATION ANALYSIS 🔎
- DOGEUSDT brokeout and hit an ATH.
- The market then experienced retracement for a retest of the flip horizontal support, 0.618 fibonacci retracement level and ascending trendline support
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Market price.
TARGETS 🎯
- Horizontal resistance level (R1).
- ATH resistance.
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.
DODO DEFI Bullish - DODOBTC DODOUSDT DODOBUSD DODOCOIN DODOTOKENDODO DEFI Bullish - DODOBTC DODOUSDT DODOBUSD DODOCOIN DODOTOKEN
DODO/USDT Making a Super Bullish Rocket PathAs you can see in the chart, DODO is currently inside a triangle. I think it may break the resistance.
Consider that DODO is backed by Binance. So I think it's in a good position right now to invest.
