DOLO/USDT has been showing interesting recent trends. From a technical perspective, the price stabilized after retracing to 0.06752 on the 15-minute chart, with a 24-hour increase of 24.97%. It previously surged to 0.07546, then pulled back, but this may not necessarily be a bad sign.
The key is to observe the trading volume. Over the past 24 hours, the volume skyrocketed to 8.71 billion DOLO, with a trading value of 569 million USDT. Such a volume is not something small retail investors can generate. The short position ratio reached 58.01%, indicating that, on the surface, the bulls are under pressure. But from a different perspective—such high volume combined with a dominant short position could actually suggest that large funds are consolidating their positions.
Looking at the 0.067 level, the technical support appears quite strong. If the shakeout phase comes to an end, there is a possibility of a subsequent upward move, with around 0.075 becoming a short-term resistance level. Some investors are closely watching the performance around this price level.
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shadowy_supercoder
· 22h ago
The trading volume of 8.7 billion DOLO is indeed extraordinary. Are the big players consolidating or truly dumping? That's the key question.
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ponzi_poet
· 22h ago
8.7 billion DOLO trading volume, this move is incredible. Big funds are secretly shaking out the market.
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WhaleWatcher
· 23h ago
With a trading volume of 8.7 billion, this scale indeed doesn't look like something retail investors play with; the logic of chip consolidation is solid.
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A 25-point increase in 24 hours and still daring to pull back indicates that big funds are suppressing the price to accumulate chips. I bet 0.067 can hold.
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Is the 58% short position ratio actually a good thing? I've heard this argument many times before, but in the end, it's just another way to cut the leeks.
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Whether the 0.075 resistance level can be broken depends on whether the trading volume can continue to sustain; if the volume diminishes, everything is pointless.
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Just now, it surged back to 0.075 and then dropped again. So annoying, I just want to know if this wave can truly stabilize.
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The strong volume combined with chip consolidation feels like something is brewing. Continuing to observe.
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Honestly, this kind of movement looks very professional, but I always feel like someone is telling us a story.
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If the 0.067 support level is broken, things will get serious. Everyone, protect your stop-loss.
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The big funds' logic of accumulating chips makes me want to buy the dip, but it's better to be cautious.
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Trading volume of 569 million USDT, such quick turnover—either it's genuinely rising or genuinely cutting, no middle ground.
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RugpullAlertOfficer
· 23h ago
87 billion in trading volume, and the increase is only this much. Honestly, it's a bit questionable.
DOLO/USDT has been showing interesting recent trends. From a technical perspective, the price stabilized after retracing to 0.06752 on the 15-minute chart, with a 24-hour increase of 24.97%. It previously surged to 0.07546, then pulled back, but this may not necessarily be a bad sign.
The key is to observe the trading volume. Over the past 24 hours, the volume skyrocketed to 8.71 billion DOLO, with a trading value of 569 million USDT. Such a volume is not something small retail investors can generate. The short position ratio reached 58.01%, indicating that, on the surface, the bulls are under pressure. But from a different perspective—such high volume combined with a dominant short position could actually suggest that large funds are consolidating their positions.
Looking at the 0.067 level, the technical support appears quite strong. If the shakeout phase comes to an end, there is a possibility of a subsequent upward move, with around 0.075 becoming a short-term resistance level. Some investors are closely watching the performance around this price level.