$DOT STALLING NEAR RESISTANCE—IS A MOVE COMING?
$DOT is trading at $4.243, up +6.93% on the day, after a strong rally from $3.880. Price is now consolidating below resistance, signaling a potential breakout—or a short-term rejection.
Key Levels to Watch
• Resistance Zone: $4.260 – $4.324 — A break above this could unlock further upside.
• Support Zone: $4.180 – $4.210 — Holding this zone is critical for maintaining bullish momentum.
Trade Setup – Tight Range, Big Move Possible
Bullish Scenario:
• Entry: Above $4.260
• TP1: $4.320
• TP2: $4.470
Bearish Scenario:
• Entry: Below $4.180
• TP1: $4.080
• TP2: $3.960
Stop-Loss: For longs below $4.200; for shorts above $4.270.
Volume spike suggests something’s brewing—watch closely for a confirmed breakout or failure!