📉 DOT/USDT Perpetual – Short-Term Trading Plan
📌 Entry Strategy:
🔹 Ideal Short Entry: $5.10 – $5.15 (Pullback to resistance)
🔹 Confirmation: Rejection from $5.15 or breakdown below $5.00
🎯 Target Levels & Risk Management:
✅ TP1: $4.95 – Partial profit booking
✅ TP2: $4.80 – Secure 60% of the position
✅ TP3: $4.60 – Final target, exit remaining position
❌ Stop-Loss: Above $5.20
📊 Technical Insights:
📉 RSI: 33.56 – Near oversold zone, indicating possible short-term bounce
🔥 Volume: 81.01K – Selling pressure increasing
📊 Trend: Bearish – Breakdown confirmed below key support
⚡ Execution Plan:
✅ Short on pullback: Ideal re-entry near resistance ($5.10–$5.15)
✅ Move SL to breakeven once TP1 is reached
✅ Monitor RSI: Possible bounce if RSI moves below 30
💡 Key Takeaway: DOT is in a downtrend – Look for a shorting opportunity on a pullback toward resistance! 🚀