The real breakout often isn’t confirmed until the pullback has been tested. The pullback structure for $DOT remains intact: the four-hour lows are still rising, and volume has picked up again after contracting, suggesting that selling pressure has mostly been absorbed.
The long lower wick earlier was itself a sign of buying support. A return to this range looks more like a shakeout than a trend reversal. As long as the support below holds, an upward expansion in price would be only natural. I’m inclined to build long positions here in stages and wait for confirmation of direction.
🟢 Trade direction: Long
📍 Entry range: 1.1797 – 1.2797
🛑 Stop loss: 1.1598
🎯 Take profit 1: 1.3397
🎯 Take profit 2: 1.3997
🎯 Take profit 3: 1.4997
🎯 Take profit 4: 1.5997
There’s no need to chase the trend—the right opportunity will come along.
Stand alongside Sister Li, and let every moment leave its mark.
#DOT
Click below to trade 👇
The long lower wick earlier was itself a sign of buying support. A return to this range looks more like a shakeout than a trend reversal. As long as the support below holds, an upward expansion in price would be only natural. I’m inclined to build long positions here in stages and wait for confirmation of direction.
🟢 Trade direction: Long
📍 Entry range: 1.1797 – 1.2797
🛑 Stop loss: 1.1598
🎯 Take profit 1: 1.3397
🎯 Take profit 2: 1.3997
🎯 Take profit 3: 1.4997
🎯 Take profit 4: 1.5997
There’s no need to chase the trend—the right opportunity will come along.
Stand alongside Sister Li, and let every moment leave its mark.
#DOT
Click below to trade 👇