Here's the swing trade position for $DOT
Option 1: Bullish Reversal (Bounce Trade)
Setup: Catching a Rebound From Support
Entry: $4.12 – $4.20 (after confirmation of bounce from $4.10 support zone)
Stop-Loss: $4.03 (tight SL below recent low)
Take-Profit 1: $4.35
Take-Profit 2: $4.48
Take-Profit 3 (Stretch): $4.60
Entry Criteria:
Look for a bullish candle (e.g., hammer or engulfing) on 1H or 4H timeframes near $4.10.
Pro Tips :
Don't chase — wait for candle confirmations.
Use trailing stop-losses if price moves in your favor.
Watch BTC/ETH — DOT usually follows their trend.
If unsure, start with small position size and scale in after confirmation.