$DOLO is currently trading at $0.05398 witnessing an explosive +30.61% surge in the last 24 hours.The hourly chart shows a massive "god candle" that peaked at $0.05730, completely decoupling from the previous consolidation zone near $0.040.This move has propelled the price significantly above the MA(7) at $0.04535 and the MA(25) at $0.04266, signaling an intense shift into a bullish trend.Trading volume has skyrocketed to 142.31M $DOLO (approx. $7.42M USDT), confirming high buyer conviction during this breakout.As a decentralized money market protocol, DOLO's "virtual liquidity" system allows users to lend and borrow while retaining staking and voting rights on their collateral.The token serves as the primary engine for the platform, where users can convert $DOLO into veDOLO to participate in governance and earn protocol revenue.The rally aligns with the Q1 2026 Governance Vote, where veDOLO holders are deciding on treasury management and oDOLO emissions for new chains.Sentiment is bolstered by the protocol's ongoing deployment on Botanix, aiming to capture Bitcoin Layer-2 liquidity and lending markets.Immediate resistance stands at the recent high of $0.05730; if a retracement occurs, the $0.045 level (MA7) will be the first major area of support to watch.

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