šØ $DOT Short Setup | Supply Zone Under Pressure š
$DOT has reached a key supply zone, where sellers may attempt to take control. The setup is focused on a potential rejection from the 1.09690ā1.10270 area.
š Trade Plan
š“ Entry: 1.09690 ā 1.10270
šÆ TP1: 1.07860
šÆ TP2: 1.06450
šÆ TP3: 1.04330
š SL: 1.12810
ā” Leverage: 10x
š Setup Logic
ā¢ 4H: Short narrative remains supported.
ā¢ 1D: Price remains range-bound around the current zone.
ā¢ 15M RSI: 31, showing strong downside momentum and suggesting caution against chasing an extended move.
ā¢ Volume: Current pace is around 0.28x, with 114.52K executed versus 408.04K expected.
The key question is whether sellers can maintain pressure from the supply zone and drive price toward the lower targets.
š¬ Are you taking partial profit at TP1 or holding for TP2/TP3?
ā ļø EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.#AIStocksWhatNext #21SharesLaunchesEuropesFirstZcashETP #CardanoJoinsX402PaymentStandard
$DOT has reached a key supply zone, where sellers may attempt to take control. The setup is focused on a potential rejection from the 1.09690ā1.10270 area.
š Trade Plan
š“ Entry: 1.09690 ā 1.10270
šÆ TP1: 1.07860
šÆ TP2: 1.06450
šÆ TP3: 1.04330
š SL: 1.12810
ā” Leverage: 10x
š Setup Logic
ā¢ 4H: Short narrative remains supported.
ā¢ 1D: Price remains range-bound around the current zone.
ā¢ 15M RSI: 31, showing strong downside momentum and suggesting caution against chasing an extended move.
ā¢ Volume: Current pace is around 0.28x, with 114.52K executed versus 408.04K expected.
The key question is whether sellers can maintain pressure from the supply zone and drive price toward the lower targets.
š¬ Are you taking partial profit at TP1 or holding for TP2/TP3?
ā ļø EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.#AIStocksWhatNext #21SharesLaunchesEuropesFirstZcashETP #CardanoJoinsX402PaymentStandard
