$DOT/USDT Short Trade Idea
Current Price:$6.214
Entry: $6.214
Stop Loss:$6.400
Take Profit Targets:$5.900, $5.600
Why Consider This Trade?
- Strong resistance observed at $6.40, with repeated failures to break above.
- Bearish price action confirmed by recent rejections at higher levels.
- A potential breakdown below $6.00 could open the door to further downside movement.
**Pro Tip:** Wait for confirmation of rejection near $6.40 before entering. Consider tightening your stop loss if the price falls below $6.10.
**Risk-to-Reward Ratio:** 1:3
Trade smart, stay disciplined, and execute with precision!
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Disclaimer: This is not financial advice. Always do your own research before making investment decisions.