DODOX price movement shows signs of a turnaround. The 15-minute K-line has just completed a breakout of the key trendline, and the downward pattern has officially reversed. The current quote is 0.018849, which has already stabilized above the new upward trend support (around 0.018846). This level can serve as a defensive benchmark.
Looking upward, the first resistance is at the 0.019052 area, approaching soon. The further target points to around 0.0195. The momentum also provides a confirmation signal—MACD indicator is strengthening simultaneously, indicating that short-term buying momentum has not faded.
However, to be honest, this type of breakout is essentially a high-risk, high-reward game. Whether the price can truly stabilize above the new trend still requires confirmation from subsequent K-lines. Before participating, make sure you clearly know your stop-loss level, as this is the basic skill for surviving in volatile markets.
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SmartContractDiver
· 01-06 06:13
It's the same trick again, you have to follow when there's a breakout? I almost lost everything last time I heard that.
Let's wait for further confirmation first, don't rush to get in.
Have you set your stop-loss? If not, don't touch it.
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LiquidityNinja
· 01-05 07:02
Once again, it's the same breakout tactic. The nice way to put it is a turning point; the harsh way is constant tugging. Have you set your stop-loss? That's the real key.
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GateUser-e19e9c10
· 01-04 06:52
Another fake breakout that can be easily broken. Just wait to be crushed back down.
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NightAirdropper
· 01-04 06:48
Just break through if you can, but the key is to wait for confirmation. Don't get tricked into a false order.
DODOX price movement shows signs of a turnaround. The 15-minute K-line has just completed a breakout of the key trendline, and the downward pattern has officially reversed. The current quote is 0.018849, which has already stabilized above the new upward trend support (around 0.018846). This level can serve as a defensive benchmark.
Looking upward, the first resistance is at the 0.019052 area, approaching soon. The further target points to around 0.0195. The momentum also provides a confirmation signal—MACD indicator is strengthening simultaneously, indicating that short-term buying momentum has not faded.
However, to be honest, this type of breakout is essentially a high-risk, high-reward game. Whether the price can truly stabilize above the new trend still requires confirmation from subsequent K-lines. Before participating, make sure you clearly know your stop-loss level, as this is the basic skill for surviving in volatile markets.