$DOT /USDT ā Bullish Momentum Building! š„
Current Price: $4.01 (+2.04%)
š Market Structure:
Strong rebound from the $3.88 intraday low
Higher lows forming on the 1H chart, indicating upward momentum
Approaching resistance near $4.06
š Trade Setup:
Entry Zone: $3.95 ā $4.00
TP1: $4.10
TP2: $4.25
TP3: $4.50
Stop Loss: $3.85 (below recent support level)
š Key Resistance: $4.06 ā $4.25
š Key Support: $3.85 ā $3.95
š” Pro Tip:
A confirmed breakout above $4.06 with strong volume could signal a move toward $4.25 and beyond. Ideal for swing traders looking to capitalize on bullish momentum.
š $DOT is showing signs of strength ā keep an eye on the breakout levels!