$DOT
DOT setup is aligning well with current technicals.
Price: $4.03 USD
Intraday Range: $3.88 – $4.03
Technical Indicators:
4H Chart: Formation of higher lows indicates bullish momentum.
Resistance Level: Approaching $4.03; a breakout here could signal further upside.
Volume: Increasing volume suggests strengthening bullish pressure.
Entry Zone: $4.01 – $4.04
Take Profit 1 (TP1): $4.18
Take Profit 2 (TP2): $4.28
Stop Loss (SL): $3.91
Breakout Potential: A clean break above $4.03 could lead to a rally towards $4.18 and $4.28.
Support Levels: Key support at $3.91; a drop below this may invalidate the bullish scenario.
Volume Analysis: Watch for volume confirmation on breakout; higher volume can validate the move.
trade here $DOT