$DOT
š DOT/USDT ā Bullish Continuation Setup (Pullback Opportunity)
š Timeframe: 1H
š° Current Price: $4.905
š Trend Context: DOT has broken out of its recent downtrend and printed higher highs and higher lows. Current retracement may offer a buy-the-dip opportunity within this bullish structure.
š© Entry Plan (Long):
š Entry Zone:
Aggressive: $4.88 ā $4.92 (current support zone)
Conservative: On reclaim of $5.05 with strong volume
šÆ Take-Profit Targets:
šÆ TP1: $5.15
šÆ TP2: $5.30 (local top)
šÆ TP3: $5.50 (range expansion target)
š”ļø Stop-Loss:
š» SL: $4.75 (below breakout structure and recent higher low)
āļø Risk-Reward Tip:
Entry: $4.90 | SL: $4.75
TP2: $5.30 ā Risk:Reward ā 2.67:1
š Consider partial profit at TP1 and move SL to breakeven
ā
Confirmation Triggers:
šø Hold above $4.88ā$4.92 on low timeframes
šø Volume spike > 1.5M on reclaim of $5.05
šø BTC stable or trending up during DOT recovery
š„ Signal Strength:
Moderate ā Pullback into support zone looks favorable, but strength confirmation above $5.05 will improve conviction.