$DOT

$DOT Trade Plan for DOT/USDT 📈

Current Price: $4.11
24h Change: -3.59%
Market Cap: $6.70B
24h Volume: $218.08M

✅ Entry Zone:

Buy within $4.05 – $4.10, assuming this range is near a support level after the recent 3.59% dip. This is a conservative entry to account for potential further correction.

⛔ Stop Loss:

Set at $3.98 (below the entry zone, roughly 1.7% below the lower entry point to account for DOT’s volatility after a larger dip).

🎯 Profit Targets:

Target 1: $4.15 📍 (Move stop to breakeven)

Target 2: $4.20 🎯

Target 3: $4.30 🚀

📊 Risk/Reward Ratio:

3:1+ ⚖

Risk: $4.10 - $3.98 = $0.12

Reward (Target 2): $4.20 - $4.10 = $0.10 (R:R of ~0.83:1 at Target 2; reaches 3:1 at Target 3 with $0.20 profit).

### Key Observations:

Bearish Short-Term Momentum: Price down -3.59% in 24h, the largest dip in the list, indicating a significant correction or profit-taking.

Volume: $218.08M in 24h suggests moderate liquidity, lower than BCH’s $431.31M, which could lead to choppier price action.

Market Cap: $6.70B indicates DOT is a mid-tier coin, with higher volatility tied to its role in the interoperability and layer-0 blockchain space.

Price Context: $4.11 is a relatively low level for DOT (historically, DOT has seen resistance around $5–$7 in past cycles). A bounce above $4.15 could signal short-term bullish momentum.

🔄 Strategy:

Trail stop above the entry price after Target 1 is hit to lock in profits.

Watch for rejection at psychological resistance around $4.20–$4.30.

If momentum weakens (e.g., price fails to break $4.15), consider an early exit at a 2:1 R:R.