After watching the market all day, I finally see the situation clearly.
$DOLO is currently quoted at 0.04 USDT. On the 1-hour and 4-hour charts, RSI is around 65, indicating a neutral to slightly bullish position but not yet overbought. The 1-hour MACD has already experienced a golden cross, with the histogram moving upward, showing short-term momentum is still there. These indicators look pretty good.
But there's a problem—24-hour trading volume has plummeted by 95.9%, which is a truly warning sign. Rising without volume? The sustainability is questionable. Whether institutions are still involved or have already left, the data will tell.
**My decision is to continue observing.** Wait until the price retraces to the 0.0390-0.0395 range, then enter when the conditions are clearer.
If the retracement really occurs, my plan is as follows:
**Entry**: Gradually build a long position at 0.0390-0.0395 **Stop-loss**: Exit if it drops below 0.0385 **Targets**: T1 at 0.0415, T2 at 0.0430
Chasing the rally now is too risky. The key to swing trading is finding the most favorable entry price, not chasing the gains out of FOMO. Risk management always comes first.
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DefiEngineerJack
· 3h ago
ngl that 95.9% volume collapse is actually™ the real story here. everyone's obsessed with RSI divergence but fundamentally speaking, price action without volume is just noise on the tape. textbook pump mechanics
Reply0
CrossChainMessenger
· 7h ago
Trading volume is the real truth; a limit-up with no volume is just false bravado. Wait for a pullback before entering again.
View OriginalReply0
PuzzledScholar
· 7h ago
I've seen too many of these scammy tricks of the endless rise. Let's wait for a pullback before talking.
View OriginalReply0
ApeDegen
· 8h ago
Trading volume plummeted by 95.9%. That's really incredible. Looking at the indicators alone is useless; institutions probably already ran away.
View OriginalReply0
GateUser-6bc33122
· 8h ago
Trading volume plummeted by 95.9%. That really hurts. A rise with low volume is indeed very unreliable. Bro, your analysis this time is quite clear-headed.
After watching the market all day, I finally see the situation clearly.
$DOLO is currently quoted at 0.04 USDT. On the 1-hour and 4-hour charts, RSI is around 65, indicating a neutral to slightly bullish position but not yet overbought. The 1-hour MACD has already experienced a golden cross, with the histogram moving upward, showing short-term momentum is still there. These indicators look pretty good.
But there's a problem—24-hour trading volume has plummeted by 95.9%, which is a truly warning sign. Rising without volume? The sustainability is questionable. Whether institutions are still involved or have already left, the data will tell.
**My decision is to continue observing.** Wait until the price retraces to the 0.0390-0.0395 range, then enter when the conditions are clearer.
If the retracement really occurs, my plan is as follows:
**Entry**: Gradually build a long position at 0.0390-0.0395
**Stop-loss**: Exit if it drops below 0.0385
**Targets**: T1 at 0.0415, T2 at 0.0430
Chasing the rally now is too risky. The key to swing trading is finding the most favorable entry price, not chasing the gains out of FOMO. Risk management always comes first.