📊 DOT/USDT Trade Signal — Potential Short-Term Bounce or Breakdown

Current Price: ~$4.81

Trend Summary: DOT has been in a short-term downtrend after a strong rally. It is now approaching a key support area (~$4.75–$4.80) which could provide a bounce or fail for further downside.

🔁 Neutral to Bullish Bias - Bounce Trade Setup

🟢 Entry (Long):

$4.78 – $4.83 zone

🛑 Stop-Loss:

$4.65 (under support + previous low)

🎯 Take-Profit Targets:

TP1: $4.98

TP2: $5.15

TP3: $5.35 (only if momentum builds)

📈 Risk/Reward:

1:2 to 1:3 depending on exit target

🧠 Technical Observations:

Price is testing support near $4.75–$4.80, aligned with previous demand

Volume spikes suggest buyers are active around dips

No bullish divergence yet, so trade is speculative bounce, not a reversal

If price fails to hold $4.65, prepare for deeper pullback toward $4.40

📢 Signal Analyst: @RanaDanialBabar

🕰️ Timeframe: 1H (scalp to short swing)

⚠️ Confirmation needed: Look for green engulfing candles or uptick in volume before entering.