【$DOLO Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market

$DOLO The 1H timeframe is strongly consolidating above the EMA20 (0.0399), with the price refusing deep retracement. The 4H timeframe has already broken through the previous consolidation platform, currently pulling back to confirm support, open interest remains stable, and the negative funding rate keeps the price firm. Clear signs of main force accumulating positions to support the market.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0410 - 0.0413 (Reason: 1H EMA20 support zone, concentrated buy orders on the order book )

🛑Stop Loss: 0.0398 (Reason: Break below 1H EMA50 and the previous 1H candle low )

🚀Target 1: 0.0428 (Reason: Previous high resistance level, first target on the 4H timeframe )

🚀Target 2: 0.0445 (Reason: Previous accumulation zone on the daily chart, ATR expansion point )

🛡️Trade Management:

- Position Size Recommendation: Light position (Reason: Hot coins are highly volatile, risk per trade should be controlled )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 0.0428 and stabilizes, consider aiming the remaining position at 0.0445.

Deep Logic: The 4H timeframe has formed three consecutive bullish candles with volume breakout, dominated by buying. The RSI on the 1H (61.84) is in a healthy bullish zone, not overbought. The key point is that open interest remains stable after a significant price surge and does not sharply decline with the retracement. Coupled with the negative funding rate, this indicates that bears are still passively holding positions, and the risk of a short squeeze persists. The order book shows significant buy depth (at 0.041 and below), providing strong support for the price. This is a typical strong consolidation structure after a breakout, waiting for the next momentum.

View real-time market 👇 $DOLO

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