Recently, the price movement of the Dolomite (DOLO) Token has attracted widespread attention in the market. Currently, its price is hovering around $0.101, which represents a pullback of about 10% from previous highs. Despite the significant fall, from a Technical Analysis perspective, the current price level is showing some signals that investors should closely follow.

From a short-term trend perspective, DOLO is still in a downward channel, with the range of $0.108 to $0.110 becoming an important resistance level. If it cannot break through this range quickly, the rebound space may be limited. The current key support level is around $0.101, and if it falls below $0.099, it may trigger a deeper pullback.

In terms of technical indicators, the Relative Strength Index (RSI) has fallen to around 27, entering the oversold area. This usually indicates a potential technical pullback, but it is necessary to combine it with other indicators for a comprehensive judgment. Although the Moving Average Convergence Divergence (MACD) still shows negative values, its histogram is narrowing, and downward momentum is weakening. If the MACD can quickly form a golden cross, it may signal the arrival of a price reversal.

Based on the current market situation, a relatively conservative investment strategy may be: to build a small position in the range of 0.101-0.103 dollars, while setting a relatively tight stop-loss level. The initial target price can be set at 0.108-0.110 dollars, and if this range is broken, further attention can be paid to the price levels of 0.116-0.120 dollars. However, if the price continues to fall and breaks through the support level, timely stop-loss may be a wiser choice.

It is worth noting that Dolomite is not just a simple Token; it represents the entire protocol ecosystem. Although trading opportunities can be found through Technical Analysis in the short term, the long-term investment value will still depend on the development of Berachain and the progress of multi-chain deployment. Regardless of the investment strategy adopted, reasonable position control and setting stop-loss are key to risk management.

In the cryptocurrency market, price movement is often volatile and difficult to predict. Investors should fully recognize the associated risks and make investment decisions based on their own risk tolerance. At the same time, it is important to continuously follow the fundamental development of projects, including technological progress, ecosystem expansion, and market adoption, as these are important criteria for assessing long-term investment value.