$DOLO
BEARISH CONTINUATION SETUP – SUPPLY ZONE IN CONTROL
$DOLO is facing strong selling pressure near a well-defined supply zone. Multiple rejections from higher levels indicate distribution, while the overall structure favors sellers as price struggles to regain bullish strength.
Technical Outlook:
Repeated rejection from upper resistance
Lower highs signaling bearish dominance
Weak follow-through from buyers
Breakdown probability increases below intraday support
Entry Zone:
Sell on bearish rejection from resistance or confirmation below support
Targets (TP):
TP1: 0.0370
TP2: 0.0355
TP3: 0.0340
Stop Loss (SL):
Above key resistance at 0.0400
Risk Management:
Risk only 1–2% per trade, wait for clear confirmation, and book partial profits at each target to protect capital.