DOT is testing a strong demand zone around 5.30 after a sharp pullโback, and the price is eyeing the next swing high.
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$DOT LONG ๐
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๐ Entry Range: $0.885813 โ $0.887587
๐ Stop Loss: $0.860099 (-3.0%)
๐ฏ TP1: $0.900000 (+1.5%)
๐ TP2: $0.931035 (+5.0%)
โก R/R Ratio: 1:1.7
๐ Confidence: 64%
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The market structure broke the recent down swing (CHoCH) and a bullish order block sits right at the 5.30 level, overlapping a fairโvalue gap that the CVD shows heavy buying pressure on. A liquidity sweep of the prior swing low confirmed the intent, and the POI confluence of the OB and FVG makes the zone a highโprobability entry.
A 3.0% stop is relatively tight on DOT, so stick to 2โ3ร leverage to keep margin safe.
Take half profit around the 5.80 resistance before aiming for the next target.
Not financial advice โ always manage your own risk ๐
$DOT #DOTUSDT #Bitcoin #TradingSignals #Write2Earn