$DODOX Watch the short side.

This rebound has already reached the overhead supply zone, and the bullish momentum is clearly starting to weaken. The previous pushes from this level were eaten up by sellers, and the liquidity above is drawing in fresh sell pressure.

If this resistance zone continues to hold, the next pullback may test the liquidity below the recent consolidation range.

For entry, watch the 0.0209 to 0.0215 range. Potential downside targets may be 0.0202, 0.0191, and 0.0180. The defensive level is at 0.0231.

The market is risky—everyone, be sure to manage your position sizing and don’t chase too aggressively.