$DOLO Signal】Long - Confirmed pullback after 4H volume breakout, main force clearly defending the market



$DOLO The 1H timeframe is consolidating strongly above the EMA20 (0.0395), and the 4H timeframe has just completed a volume breakout of the long-term downtrend, currently pulling back to confirm support. Open interest (OI) remains stable after the price surge, with no signs of large-scale exit, indicating clear main force support. The order book shows deep buy-side volume, with strong support below. The 1H RSI (64.52) is healthy, preparing for a second upward move.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.0410 - 0.0413 ( Reason: 1H EMA20 support zone and dense cluster of previous hour’s low points )

🛑 Stop-loss: 0.0394 ( Reason: Break below 1H EMA50 and previous 4H candle’s low )

🚀 Target 1: 0.0428 ( Reason: Previous high resistance level )

🚀 Target 2: 0.0445 ( Reason: 4H Fibonacci extension at 1.618 of the previous wave )

🛡️ Trading Management:

- Position suggestion: Light position ( Reason: Significant intraday rally, increased volatility )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop-loss to entry price. Hold remaining position for Target 2. If price stalls near Target 1, consider taking full profit.

Order book logic: Three consecutive volume-increasing bullish candles on the 4H chart have reversed the downward trend. Although the last candle has an upper shadow, the volume is huge (213 million), typical of main force testing or profit-taking, not trend ending. Currently, the 1H pullback shows decreasing volume, with buy orders (0.0410-0.0412) far exceeding sell orders, indicating strong support below. Stable OI suggests long positions are not loosening, and positive funding rates indicate market sentiment remains bullish. This is a standard pullback after a breakout, a good opportunity to go long.

View real-time market 👇 $DOLO

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