Here’s the latest $DOT/USDT price snapshot:
🎯 Key Technical Levels (Support & Resistance)
🔹 Near-Term Zones (Daily / 4H Timeframes)
Immediate support around $3.90–4.00, forming the current consolidation floor
Next support levels: $3.60–3.70 and a deeper zone at $3.30–3.40
Resistance cluster: $4.30–4.50, with a key trendline resistance near $4.50
Major resistance zones: $5.00, $5.70–6.00, $6.50–7.00 and beyond toward $10–12 in longer-term scenarios
🔹 Multi-Timeframe & Market Structure
Price is trading within a descending channel since April, capped near $4.50
Possible inverse head & shoulders forming—neckline around $4.50; potential target $5.20–5.40
Signs of Wyckoff accumulation between $3.60–4.20, suggesting institutional-level accumulation
💡 Trade Entry Setups
✅ Long (Bullish) Entries
1. Aggressive entry zone: current price or pullback near $3.90–4.00
Stop-loss: below $3.80
Targets: $4.30 → $4.80 → $5.20+
2. Structured breakout: entry upon clean break and retest above $4.50
Stop-loss: just below breakout zone (~$4.40)
Targets: $5.00 → $5.70 → $6.50–7.00+
❌ Short (Bearish) Entries
1. Failed support breakdown: price closes below $3.90, invalidating range support
Stop-loss: just above $3.90
Targets: $3.60 → $3.30–3.40 → $3.00
2. Retrace & rejection at resistance: short near $4.30–4.50, especially if RSI/stochastics signal overbought
Stop-loss: above $4.60
Targets: back to $4.00 → $3.60 zone
🧠 Final Thoughts
DOT is currently range-bound within $3.90–4.30, showing signs of buildup and potential reversal.
Long bias holds if support around $3.90–4.00 stays firm; aggressive traders can enter at these levels.
Break above $4.50 defines bullish breakout strategy.
Failure to hold support or rejection at resistance favors short bias.
Combine chart triggers (candle patterns, volume spikes, RSI) for confirmation before entries.
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