#美国消费者物价指数发布在即 Recently, I've been watching the $DOLO chart and noticed an interesting phenomenon—the classic cup and handle pattern is emerging. The price has been staying above key support levels, indicating market accumulation. Especially in the handle part, trading volume has significantly decreased, which usually signals an imminent breakout.



From a technical perspective, this pattern is likely to continue its trend. My plan is to enter in batches, building a position between 0.0596 and 0.0591 to leave some flexibility. Looking upward, there are several key target levels: 0.0633, 0.0649, and 0.0664. For risk management, set the stop-loss at 0.0584.

Honestly, with the upcoming CPI data release, macroeconomic data like this often trigger market volatility. The tokens $BEAT and $RIVER have recently been showing similar accumulation patterns, which could also have good continuation opportunities. However, I recommend observing more and acting less; wait for the pattern to be further confirmed before entering.
DOLO0,01%
BEAT7,35%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
SnapshotDayLaborervip
· 7h ago
The cup handle pattern is really just for show on paper; as soon as the CPI is announced, it can reverse and break out in the opposite direction in minutes.
View OriginalReply0
NFTDreamervip
· 7h ago
The cup handle pattern is back again, always saying a breakout is imminent, but as soon as the CPI is announced, everything gets chaotic haha
View OriginalReply0
GasFeeCriervip
· 7h ago
The cup handle pattern has become boring to me, but DOLO is actually a bit interesting this time. Let's wait and see after the CPI data is released.
View OriginalReply0
ChainMaskedRidervip
· 7h ago
The cup handle pattern has been around for so long, and it feels like it's just an art of waiting.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)