☁️DODO/USDT are the good times coming now?⛅

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DODO/USDT Breakout from a PG on a daily basis

DODO is in an intact downtrend on the major time units. However, the last few days have given some hope for bullish times again. Perhaps it is only a short rally on the upside and the bears conquer the market again. So it is a difficult situation for long-term entries, because first the current trend must be broken.

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The PG on a daily basis was built after the low at 2.44$ formed. Now the PG has already broken out some time ago and starts the way to the first targets on the upside.

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The intermediate high at $5.67 would then be the next target and this level is very important. The downtrend is broken here and enables additional buyers. The old highs at 8.94$ are then again a topic but for this we probably need additional new PGs.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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El DODO se encuentra en su zona de precios mas cotizado, el comportamiento del precio en esta zona es primordial para inferir la posible direccion del precio. En mi opinion, el precio posiblemente retestee la resistencia de los 5.5$

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