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Recently, DOLO has led a collaboration with WLFI, a subsidiary of the Trump family, aiming to promote the integration of the treasury and USD1 stablecoin. Both tokens have surged as a result.
From a technical perspective, DOLO's performance is indeed impressive. The price has broken above the upper Bollinger Band and reached a new high, with the MACD indicator showing a golden cross and the red histogram continuously expanding. Trading volume has significantly increased compared to earlier periods, and this level of momentum is crucial for support. Looking at the moving average system, the 5-day moving average has crossed above the 10-day moving average, presenting a typical bullish alignment.
In the short term, the bullish momentum is quite strong. Following the trend at this point carries relatively lower risk.