Everyone's glued to the BTC hype but $DOT just snapped above the 200‑hour SMA at $5.85, and the 4H is already coiling for a push to $6.20. I was flat on the downside yesterday, so I'm re‑arming my long on the breakout.
$DOT - LONG
Entry: 5.86 – 5.90
SL: 5.55
TP1: 6.00
TP2: 6.15
TP3: 6.30
**Why this setup?**
- 4H RSI jumped to 62, still room before overbought territory.
- ATR(14) on 1H is 0.07, giving a tight risk window for a clean pullback.
- 200‑hour SMA break gives bullish bias confidence above 80% on the daily.
- Price made a bullish engulfing on the 15m, acting as a magnet toward the $6.20 resistance zone.
Debate: Are you still shorting $DOT on the pull‑back or hopping on the breakout?
$DOT
$DOT - LONG
Entry: 5.86 – 5.90
SL: 5.55
TP1: 6.00
TP2: 6.15
TP3: 6.30
**Why this setup?**
- 4H RSI jumped to 62, still room before overbought territory.
- ATR(14) on 1H is 0.07, giving a tight risk window for a clean pullback.
- 200‑hour SMA break gives bullish bias confidence above 80% on the daily.
- Price made a bullish engulfing on the 15m, acting as a magnet toward the $6.20 resistance zone.
Debate: Are you still shorting $DOT on the pull‑back or hopping on the breakout?
$DOT
