The Setup:
$DOT has broken out of its multi-day compression zone on the 4-hour chart.Key Levels: Reclaimed $1.15 as rock-solid support, now aggressively testing the $1.20 physiological level.The Logic: This pump is backed by consecutive strong 4H closes above both key trend lines.Outlook: Anticipating a brief cooling-off period/retest of the $1.16 zone before a continuation rally towards $1.25.
Structure looks clean. Managing risk accordingly.
Let me know which style fits your target platform best, or if you would like me to set up a task to track the $DOT price action and alert you if it reaches your $1.25 target!
$DOT has broken out of its multi-day compression zone on the 4-hour chart.Key Levels: Reclaimed $1.15 as rock-solid support, now aggressively testing the $1.20 physiological level.The Logic: This pump is backed by consecutive strong 4H closes above both key trend lines.Outlook: Anticipating a brief cooling-off period/retest of the $1.16 zone before a continuation rally towards $1.25.
Structure looks clean. Managing risk accordingly.
Let me know which style fits your target platform best, or if you would like me to set up a task to track the $DOT price action and alert you if it reaches your $1.25 target!