DODO is a decentralized finance (#DeFi) protocol that has seen a brutal 99% drawdown from its peak — making it one of the most devalued tokens in the market.
📉 Structure:
The chart shows a “channel within a channel” structure — a signal of prolonged capitulation. DODO is currently in a range where most have written it off. But history shows that such zones often precede major reversals.
🌀 Formation:
A potential inverse head and shoulders pattern is developing — a classic reversal setup. The minimal target from this structure is around $0.08.
📈 Early Signal:
Price has already bounced +75% from the bottom — a possible sign of early accumulation.
☕ Bigger Picture:
This zone might be forming the right side of a long-term cup pattern — hinting at a potential macro reversal if the market supports.
📉 Structure:
The chart shows a “channel within a channel” structure — a signal of prolonged capitulation. DODO is currently in a range where most have written it off. But history shows that such zones often precede major reversals.
🌀 Formation:
A potential inverse head and shoulders pattern is developing — a classic reversal setup. The minimal target from this structure is around $0.08.
📈 Early Signal:
Price has already bounced +75% from the bottom — a possible sign of early accumulation.
☕ Bigger Picture:
This zone might be forming the right side of a long-term cup pattern — hinting at a potential macro reversal if the market supports.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.