DOT.
Long Trade:
* Entry Idea:
* Conservative: Look for a confirmed bounce from the key macro support zone between $3.55 - $3.60. This is a critical area for a potential reversal.
* Aggressive: A confirmed break and sustained close above immediate resistance at $3.70 - $3.75 could signal a change in short-term momentum.
* Targets:
* Short-term: $3.75 - $3.80
* Mid-term: $3.90 - $4.00
* Potential stretched target: $4.50 - $5.00 (if a macro reversal is confirmed and buying pressure increases).
* Stop-Loss (example): Below $3.55 or $3.50 (depending on entry and risk tolerance).
Short Trade:
* Entry Idea: If DOT fails to hold the $3.60 support and breaks down convincingly, or if a bounce to $3.70 - $3.75 is rejected with strong bearish confirmation.
* Targets:
* Short-term: $3.60 - $3.65
* Mid-term: $3.55 - $3.50
* Potential stretched target: $3.40 - $3.30
* Stop-Loss (example): Above $3.75 or $3.80.
Key Support & Resistance Levels:
* Resistance: $3.70, $3.75, $3.80, $3.90, $4.00
* Support: $3.60, $3.55, $3.50, $3.40