$DOT Trade Setup ! 😱
DOT/USDT 1h - you marked it right. That's a classic *Bollinger top short*.
What I see in your chart:
- Pump from 1.009 - 1.221 (+21% in 24h) very extended
- Price touched BOLL UP 1.224 and rejected at 1.221 (your red circle) - upper band rejection
- Current 1.195 is losing momentum, wick heavy
- Your red line ∼1.11 is previous resistance, now will act as magnet
🛑 Short setup - only if you want high risk:
- Entry Zone: 1.195 - 1.215 (on any small bounce to 1.21)
- Stop Loss: 1.235 - 1.24 (just above 24h High 1.221 + BOLL UP 1.224)
- Target 1: 1.148 (BOLL MB 1.168 area)
- Target 2: 1.111 (BOLL DN + your red support line) - main target
- Target 3: 1.09 if breakdown continues
Risk management:
- DOT is +15.46% today, shorting a strong gainer is counter-trend = risky
- Keep position small 2-3% of portfolio max
- Leverage max 3x-5x, not more
- Move SL to breakeven once it hits 1.16
Invalidation: If 1h candle closes ABOVE 1.235, close short immediately. That means breakout.
Not financial advice - this is high risk reversal trade. Are you trading spot or futures?
#ZcashTargetsJanuaryForQuantumResistantPayments #SolanaPlansToCutBlockTimesTo200ms #DOTUSD #dot $BTC $NVDAB
DOT/USDT 1h - you marked it right. That's a classic *Bollinger top short*.
What I see in your chart:
- Pump from 1.009 - 1.221 (+21% in 24h) very extended
- Price touched BOLL UP 1.224 and rejected at 1.221 (your red circle) - upper band rejection
- Current 1.195 is losing momentum, wick heavy
- Your red line ∼1.11 is previous resistance, now will act as magnet
🛑 Short setup - only if you want high risk:
- Entry Zone: 1.195 - 1.215 (on any small bounce to 1.21)
- Stop Loss: 1.235 - 1.24 (just above 24h High 1.221 + BOLL UP 1.224)
- Target 1: 1.148 (BOLL MB 1.168 area)
- Target 2: 1.111 (BOLL DN + your red support line) - main target
- Target 3: 1.09 if breakdown continues
Risk management:
- DOT is +15.46% today, shorting a strong gainer is counter-trend = risky
- Keep position small 2-3% of portfolio max
- Leverage max 3x-5x, not more
- Move SL to breakeven once it hits 1.16
Invalidation: If 1h candle closes ABOVE 1.235, close short immediately. That means breakout.
Not financial advice - this is high risk reversal trade. Are you trading spot or futures?
#ZcashTargetsJanuaryForQuantumResistantPayments #SolanaPlansToCutBlockTimesTo200ms #DOTUSD #dot $BTC $NVDAB