🔥 DODO Potential Horizontal Channal Rebound

DODO has been trading in this horizontal channel for around six weeks now. With the most recent BTC sell-off happening at this moment, I'd see DODO fall a bit further towards the $3.30 area, a strong area of support.

This trade is based on the idea that the current channel will hold and the price will rebound again, as indicated on the chart.

Happy trading!
Bitcoin (Cryptocurrency)BTCChart PatternscryptododoTechnical IndicatorsParallel ChannelTrend Analysisusdt

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