If DODO breaks the 4h resistance we'll see a $4.50 coin.
Rising EMA and good tradign volumes.
I remember writing like this for DOT, Sushi and Uniswap back in November!
DODO has been newly added to the Binance exchange around two weeks ago. Since it's inception, DODO has faced strong bearish pressure, leading to a vast decline in value over the course of two weeks.
Today, DODO has seemingly breached this pattern and it is showing some bullish price action. Higher highs and higher lows are a prime indicator for a bullish...
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#DODO/USD
📌 Give X? Rocket DODO🚀
🔹Analysis: DODO has broken the counter-trend line and is now preparing for the start, the goals are indicated on the chart.
Resistance lines - possible sell / correction, you can fix part of the position. All goals are shown on the chart. This is just my opinion, it may not coincide with yours.
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ANALYSIS 🔎
- This is a double setup analysis on DODOUSDT.
FIRST SETUP
- The bounce off the horizontal support level (S1).
- Price is testing the horizontal support level (S1).
- The downtrend is resisted by the descending trendline resistance (DTR-2).
- There's an uptrend potential.
Buy entry ⬆️ : breakout above the descending trendline resistance (DTR-2).
...
Falling support and resistance levels.
Falling EMA and falling trade volumes.
Things aren't looking good for the DODO project.
But really good buying at 1 day support.
I think DODO is the next Sushiswap.
