Based on the provided data for Polkadot (DOT) at $4.66 with a 5.0% drop in the last 24 hours and a recent sharp decline, a potential spot trade setup :
- Entry Point: Buy at $4.60 (anticipating a reversal near this support level after the drop).
- Take Profit: Sell at $4.80 (targeting a 4.3% gain, aligning with prior resistance).
- Stop Loss: Set at $4.55 (to limit loss to ~1.1% if the downtrend continues).
- Rationale: The chart shows a sharp dip with potential for a bounce; look for a bullish candlestick or volume increase to confirm entry.
TO TRADE JUST CLICK HERE $DOT
