🚨 TRADING STRATEGY FOR $DOT 🚨
🟢 Long Trade Setup 🟢
⭕Confirmations:
✅Price crosses above EMA(100) ($4.169) with strong green candles
✅RSI is below 70 (to avoid overbought entries)
⚡Entry: Enter at or slightly above $4.18, after confirmed EMA(100) breakout and volume increase
⭕Targets:
🎯 Target 1: $4.22 (recent minor resistance)
🎯 Target 2: $4.28 (24h high)
🎯 Target 3: $4.33 (strong resistance)
⚠️Stop-Loss: Set at $4.13 (below recent swing low)
🔴 Short Trade Setup 🔴
⭕Confirmations:
✅Price fails to break EMA(100) or gets rejected with a bearish candle
✅RSI > 75 (indicating overbought conditions)
⚡Entry: Enter at $4.17–$4.18 if price shows rejection at EMA(100)
⭕Targets:
🎯 Target 1: $4.12
🎯 Target 2: $4.09
🎯 Target 3: $4.05 (potential extension)
⚠️Stop-Loss: Set at $4.20 (above EMA resistance)
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