$DOT LOSING MOMENTUM — CAN THE $4.65 SUPPORT HOLD?
$DOT/USDT surged from $3.908 to a high of $5.397 in a sharp bullish breakout. However, the rally is now fading, with price action pulling back and consolidating around the critical $4.65 support zone.
Market Snapshot:
Resistance: ~$5.00
Support: ~$4.65
Breakout Base: $3.908
Recent High: $5.397
Buyers must defend the $4.65 level to prevent a deeper correction. If support holds, a bullish rebound could be in play.
New Trade Setup: Rebound Watch
Entry Zone: $4.60 – $4.70
Target 1 (TP1): $4.95
Target 2 (TP2): $5.20
Target 3 (TP3): $5.39 (recent high)
Stop-Loss (SL): Below $4.50
Pro Tip: Look for confirmation like a bullish engulfing candle or a strong wick near $4.65 before entering. The zone is volatile — manage risk accordingly.
