Chibuike_Odoh

DODOUSDT (DODO) - UPTREND CONTINUATION

Long
BINANCE:DODOUSDT   DODO / TetherUS
ANALYSIS 🔎
- DOGEUSDT brokeout and hit an ATH.
- The market then experienced retracement for a retest of the flip horizontal support, 0.618 fibonacci retracement level and ascending trendline support
- The retracement was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- There's an uptrend continuation possibility.

BUY ENTRY ⬆️
- Market price.

TARGETS 🎯
- Horizontal resistance level (R1).
- ATH resistance.
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support.

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