$DOT – REVERSAL IN SIGHT? BREAKOUT WATCH FROM FALLING CHANNEL
$DOT has been locked in a sustained downtrend, but price action near the lower boundary of the descending channel suggests a potential bullish reversal is brewing. A breakout above $3.80 could open the door for a short-term rally if momentum holds.
LONG TRADE SETUP:
• Entry Zone: $3.775 – $3.780
• Stop Loss: Below $3.737
• Target 1: $3.850
• Target 2: $3.877
• Target 3: $3.900
Early buying pressure and structure support a recovery attempt — watch for volume confirmation and breakout strength.
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