DODO/USDT Technical Analysis in a 3-Day Timeframe

16 Agu

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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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