1. Current market situation

- Last price: 3.907 USDT (-1.26%).

- Mark price: 3.909 USDT (close to the last price, indicating no significant discrepancies).

- 24-hour range: 3.891 - 4.020 USDT. The current price is closer to the lower boundary of the range, which may indicate market weakness.

2. Trading volumes

- 24-hour volume (DOT): 26.24 million.

- 24-hour volume (USDT): 103.60 million. High trading volume may indicate increased volatility.

3. Technical analysis

- Trend: Price is decreasing (-1.26%), approaching the 24-hour low (3.891 USDT). This may signal further decline.

- Key levels:

- Support: 3.891 USDT (24-hour low). If the price breaks this level, further decline may occur.

- Resistance: 4.020 USDT (24-hour high). To increase the price, this level must be overcome.

- Indicators: No data on RSI, MACD, and other indicators, but the current decline in price and volume may indicate a downward trend.

4. Trading plan

- Scenario 1: Sell (Short):

- Condition: If the price breaks the support level of 3.891 USDT with increased volume.

- Target: 3.800 USDT (next psychological level).

- Stop-loss: 3.950 USDT (above the current price to minimize losses).

- Scenario 2: Buy (Long):

- Condition: If the price bounces off the support level of 3.891 USDT and starts to rise with increased volume.

- Target: 4.000 USDT (psychological level and approaching resistance).

- Stop-loss: 3.850 USDT (below the support level).

- Scenario 3: Wait: If the price fluctuates in the range of 3.891 - 4.020 USDT without a clear direction, it is better to stay out of the market until a clear signal appears.

5. Risk management

- Position size: No more than 2-5% of the deposit per trade.

- Risk/Reward ratio: Minimum 1:2 (for example, a risk of 0.05 USDT for a profit of 0.10 USDT).

6. Additional recommendations

- Keep an eye on news related to Polkadot (DOT) that may affect the price.

- Use limit orders to enter a position to avoid slippage.

Conclusion

Today's trading plan for DOT/USDT is based on key support and resistance levels. The priority is given to the selling scenario, considering the current downward trend. However, it is important to wait for signal confirmation and strictly follow risk management.

$DOT

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