🚨 $DOT /ETH – Pressure Building for a Breakout? ⚙️🔥
$DOT is trading just under resistance with a slight +0.39% gain, hovering at 0.001809 ETH. Is this a quiet accumulation phase before a move, or will ETH dominance drag it lower? Let’s dig in 👇
📊 Market Overview
📍 Current Price: 0.001809 ETH
📈 24h High: 0.001810
❄️ 24h Low: 0.001784
📊 Parabolic SAR: (Not shown – bias inferred from RSI and price action)
📉 MACD Momentum: (MACD unavailable – inferred via RSI & MA alignment)
• MA(7): 0.001803
• MA(25): 0.001798
• MA(99): 0.001835
• RSI(6): 70.36 (Bullish – nearing overbought)
📈 DOT Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If DOT Holds Above 0.001800):
• Entry: Above 0.001810
• Targets: 0.001855, 0.001880, 0.001906+
• Stop-Loss: 0.001784
🔹 Bearish Scenario (If DOT Drops Below 0.001784):
• Entry: Below 0.001780
• Targets: 0.001750, 0.001720, 0.001690
• Stop-Loss: 0.001810
🔍 Hold or Hedge?
✅ Price trading above short-term MAs = bullish alignment
✅ RSI hovering just above 70 signals breakout pressure building
✅ MA squeeze near current price = coiling for direction
⚠️ Failure to break 0.001810 with volume = possible rejection
💡 Pro Tip:
🔍 Watch ETH’s strength closely—DOT often moves inversely to ETH dominance
⚠️ If DOT pushes past 0.001855 on rising volume, momentum may snowball
📢 What’s your DOT play—breakout buyer or fade the move? Let’s hear it! 👇