๐จ $DOT /USDT โ Building Momentum or Another Fakeout? โก
$DOT is up +2.12% and testing resistance near $3.44. With RSI heating up and volume kicking in, is a breakout brewingโor is this just another trap? Letโs dive in! ๐
๐ Market Overview
๐ Current Price: $3.42
๐ 24h High: $3.438
โ๏ธ 24h Low: $3.340
๐ Parabolic SAR: Near $3.36 (bullish pressure rising)
๐ MACD Momentum:
MACD trending positiveโbullish bias
Volume solid: 102K+ DOT traded today
๐ RSI (6): 76.03 (โ ๏ธ Approaching overbought)
๐ DOT Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If DOT Holds Above $3.40):
Entry: Above $3.44
Targets: $3.52, $3.62, $3.75+
Stop-Loss: $3.34
๐น Bearish Scenario (If DOT Breaks Below $3.34):
Entry: Below $3.33
Targets: $3.27, $3.18, $3.09
Stop-Loss: $3.45
๐ Should You Hold or Sell?
โ Holding $3.40 = bullish momentum intact
โ ๏ธ RSI > 75 = potential for short-term cool-down
โ Volume and MACD both support a near-term breakout
๐ก Pro Tip:
๐ Break above $3.44 with volume could launch DOT toward $3.62+
โ ๏ธ Failure at this level might trigger a pullback toward $3.27
๐ข Are you accumulating DOTVfor the next leg up or playing the short game? Share your play below!
๐ฅ LIKE & SHARE if this trade setup helps your strategy! ๐