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【$DOOD Signal】Pullback to add long positions, main force's bottom support clearly indicated
$DOOD 1H level rebound and fall back, current price 0.003131. Above the middle band of the 4-hour Bollinger Bands, the 1-hour RSI has fallen from 67 to 59, indicating healthy momentum retracement. Market data reveals key information: thick orders in the 0.00312 to 0.00313 range, buy-side depth far exceeds sell-side, fully exposing the capital support intention. Although the MACD 1-hour histogram is contracting, the fast and slow lines remain above the zero line, and the bullish structure remains intact.
🎯Direction: Long
⚡Entry: Enter around 0.002985 directly
🛑Stop Loss: Below 0.002900
🚀Target 1: 0.003325
🚀Target 2: 0.003495
🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.00305 and falls below the entry zone again, decisively exit and observe.
Position size remains stable amid price oscillations, with no signs of large-scale capital outflow. Combined with a funding rate as high as -1.25%, short positions face significant cost pressure, with potential for short squeeze. The 1-hour price retracement to previous breakout levels and dense buy zones is a typical test of bullish defense. The current risk-reward ratio exceeds 4:1, with a clear advantage in odds. This combination of order book depth and negative funding rate often indicates a rapid upward pulse.
View real-time market 👇 $DOOD
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