【$DOLO Signal】Short squeeze continues, 1H level strong rebound, targeting a second surge

$DOLO At the 1H level, after a massive rally, the price consolidates strongly near the previous high, with EMA20 (0.0373) forming a strong dynamic support. The 4H level sees a massive bullish breakout from a long-term consolidation zone, confirming a trend reversal. Currently, with a negative funding rate (-0.033%) and stable open interest, the price remains firm, indicating potential for continued short squeeze. Although the 1H RSI (83.21) is high, in a strong short squeeze environment, it can be viewed as a momentum indicator rather than a reversal signal.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0410 - 0.0413 (Reason: Price is above the 1H EMA20 support zone, confirming a strong rebound )

🛑Stop Loss: 0.0398 (Reason: Break below the previous 1H candlestick low and key psychological level 0.0400 )

🚀Target 1: 0.0435 (Reason: Previous wave high and 1.272 Fibonacci extension )

🚀Target 2: 0.0460 (Reason: 1.618 Fibonacci extension and previous accumulation zone )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Daily gains are already significant, RSI is high, and profit-taking risk exists )

- Execution strategy: After reaching 0.0435, reduce position by 50% and move stop loss to entry price 0.0413. Remaining position aims for Target 2; if price retraces and breaks the trailing stop, exit all.

Deep logic: 4H buy volume surges, buy/sell ratio remains stable at 0.52, indicating bullish control. Market depth shows large buy orders accumulated between 0.0412-0.0414 (total over 500,000 USDT), forming a strong support. In a negative funding rate environment, the price does not fall but consolidates sideways, a typical short squeeze buildup. If the 1H level can complete a shakeout at the current high, a second surge is imminent.

View real-time market 👇 $DOLO

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