$DOT Trade Setup – Range Holding, Bounce Possible
Current Price: $3.410 (–0.84%)
$DOT is consolidating near a short-term support and showing signs of a potential rebound. Price has tested the $3.37–$3.40 demand zone multiple times and is now attempting to push higher.
Trade Idea (Long Setup):
• Entry Zone: $3.40 – $3.41
• Target 1: $3.45
• Target 2: $3.52
• Stop Loss: $3.373
Market Insight:
Holding above $3.40 keeps the bullish setup valid. A breakout above $3.45 can accelerate momentum toward the next resistance at $3.52. Breakdown below $3.37 invalidates the setup.