The $DORA token officially listed on the MEXC exchange at 9 PM Beijing time on August 7th, which also means that the Dora community @Dora_USD1 is further appearing in the public eye. Today, Peter will analyze the performance of the Dora token after its listing on MEXC using several indicators: K-line, estimated volume, KDJ, and Bollinger Bands. First, the most intuitive is the K-line. We can see that since the opening price of 0.2U, the price of $DORA has stabilized around 0.4U. This is because before the listing, the token had already circulated on the BSC chain and had excellent liquidity. From several upper shadows, it is not difficult to conclude that the buying pressure for Dora is very strong, and the market makers have sufficient strength! Next, let's talk about the KDJ indicator. We all know that a KDJ indicator above 70 indicates that the market is overbought, while below 30 indicates that the market is oversold. The KDJ indicator for the Dora token can be seen fluctuating between 40-60 in the chart, indicating that the price of the Dora token is stable, and the buying and selling pressures are relatively balanced, so there is not much need to worry about the risk of a crash! Next, let's discuss the estimated volume. From the red histogram of VOL in the chart, we can see that the buying volume is greater than the selling volume, indicating that with the occurrence of the listing event, more and more retail investors are starting to pay attention and place orders to buy $DORA. This means a dispersion of funds, which is a good signal for the long-term development of the token! Finally, let's talk about the Bollinger Bands. From the chart, we can clearly see that whether it is the lower band, middle band, or upper band, the $DORA token is gradually trending upwards, and the current price is near the middle band, making it a very noteworthy buying opportunity! Meanwhile, in the past 24 hours, the trading volume of the Dora token on MEXC alone reached 92.5K USD. From on-chain data, we observe that the total number of holding addresses has exceeded 92,000 wallets, indicating that retail participation is very active, which is enough to show that the narrative of Dora has attracted quite a number of investors to build positions! So, based on the analysis of the above indicators, combined with the fact that the Dora community uses a female narrative as a starting point, creating a refreshing voice for women in the web3 world, I believe the future of the Dora token is bright, and I look forward to it being listed on larger exchanges like Binance!!! @laobao112 @Dora_USD1 #DORA #KDJ #MACD