Technical analysis by CryptoNuclear about Symbol DODO: Buy recommendation (6/30/2025)

CryptoNuclear

📊 In-Depth Analysis of DODO/USDT (1D Chart)The DODO/USDT pair remains in a medium-to-long-term downtrend since late 2024. However, the current price action shows early signs of a potential reversal.📐 Pattern and StructureDowntrend Resistance Line: The descending yellow trendline from the December 2024 peak continues to act as major resistance. Price is now testing this line.Key Support Zone: The region around $0.0314 – $0.0384 is a strong support area, proven by multiple bounce attempts.Layered Resistance Zones:$0.0454$0.0512$0.0606$0.0787$0.1169Major high at $0.2219🟢 Bullish ScenarioIf price breaks above the descending trendline, it could signal:1. A potential short-term trend reversal.2. First upside targets lie around $0.0454 and $0.0512.3. With strong volume, further upside to $0.0606 and $0.0787 is possible.Bullish Confirmation: A breakout candle above the trendline with strong volume and a successful retest.🔴 Bearish ScenarioIf the price gets rejected at the trendline:1. Price could revisit the critical $0.0314 support.2. A breakdown below $0.0314 would likely trigger a new lower low, extending the downtrend.3. Minimal support exists below this level, increasing downside risk.📌 Pattern SummaryThe structure shows a classic descending trendline dominating the market.The price is consolidating and forming a potential accumulation base.A confirmed breakout would likely shift the overall momentum.🧠 Strategy & Risk ManagementAggressive Entry: Buy on breakout + successful retest of trendline.Conservative Entry: Wait for confirmation above $0.0512 for safer reversal confirmation.Stop-loss: Below $0.0314, the critical support zone.#DODOUSDT #CryptoBreakout #TechnicalAnalysis #AltcoinReversal #TrendlineBreak #CryptoChart #CryptoSignals #DODOAnalysis #BullishBreakout