Is $DOT preparing for another leg up after that sharp liquidity sweep? ๐
Iโm watching a BIG LONG setup on $DOT here
Entry: $1.135โ$1.117
TP: $1.200 โ $1.27
SL: $1.05
DOT dropped from the $1.22โ$1.23 region and swept below $1.05 before buyers stepped in aggressively. The strong green recovery candles, supported by a noticeable volume spike, suggest demand entered near the lows.
But the real signal isnโt just the bounce. Price has reclaimed the $1.15 area, which could become short-term support if buyers defend it on a pullback.
Iโm watching for a higher low around $1.145โ$1.165. If that structure holds, DOT could retest $1.20 before challenging $1.245 resistance.
If price loses $1.095, the bullish setup weakens considerably.
My approach: trade the support retest, not the excitement after a 12% pump. ๐ฏ
Iโm watching a BIG LONG setup on $DOT here
Entry: $1.135โ$1.117
TP: $1.200 โ $1.27
SL: $1.05
DOT dropped from the $1.22โ$1.23 region and swept below $1.05 before buyers stepped in aggressively. The strong green recovery candles, supported by a noticeable volume spike, suggest demand entered near the lows.
But the real signal isnโt just the bounce. Price has reclaimed the $1.15 area, which could become short-term support if buyers defend it on a pullback.
Iโm watching for a higher low around $1.145โ$1.165. If that structure holds, DOT could retest $1.20 before challenging $1.245 resistance.
If price loses $1.095, the bullish setup weakens considerably.
My approach: trade the support retest, not the excitement after a 12% pump. ๐ฏ