$DOT – Double Bottom Formed! Is a Reversal Brewing? 🔁🚀
$DOT just printed a textbook double-bottom near $4.74, signaling a strong defense from bulls! The price has now flipped green and is inching above key resistance at $4.79, showing signs of a potential breakout setup.
If this bullish momentum continues, we could see a rally toward the $4.90–$4.92 range. The pattern confirms a possible short-term reversal after a prolonged downtrend!
Trade Setup: • Entry: $4.791
• TP: $4.918
• SL: $4.742
Pro Tip: Double bottoms often mark trend reversals — keep a close watch on volume near $4.80!
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