🚀TECHNICAL ANALYSIS OF $DOT 🚀
✅ Key Support/Resistance:
Support (lower wedge line): ~3.35 — 3.30
Resistance (upper wedge line): ~3.55 — 3.58
✅ Volume:
🟢 LONG STRATEGY
Entry:
Enter only on a clear breakout above 3.55–3.58 with strong volume.
Targets:
🎯 TP1: 3.65
🎯 TP2: 3.72
🎯 TP3: 3.80 (upper wedge extension)
Stop Loss:
🛑 Place below 3.48 (recent swing area) to protect against false breakouts.
🔴 SHORT STRATEGY
Entry:
Enter if price breaks below the lower wedge line, ideally below 3.38 with strong bearish candle.
Targets:
🎯 TP1: 3.30 (immediate support)
🎯 TP2: 3.20 (previous pivot zone)
🎯 TP3: 3.00 (psychological round number)
Stop Loss:
🛑 Above 3.48 — this covers retests back into the wedge.