📢 $DOT / USDT | 🔴 SHORT | ⭐ 75%
🎯 Target: $1.01564. Will it get there?
🎯 Trade levels:
🔴 Entry: $1.0313
🛑 Stop Loss: $1.04
🏁 TP1: $1.0156
🏁 TP2: $1.0069
🏁 TP3: $0.9965
📈 Analysis:
The asset shows a clear bearish structure, confirmed by the formation of lower highs and a break of structure on the 4-hour timeframe. Selling pressure is supported by a notable increase in trading volume, which is 68% above its average. With the price facing rejection at key resistance levels, the market maintains a predominant bearish trend across multiple timeframes.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A 'lower high' occurs when the price fails to surpass its previous peak, which often indicates weakness in the uptrend and the possible start of a bearish phase.
#crypto #DOT #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
🎯 Target: $1.01564. Will it get there?
🎯 Trade levels:
🔴 Entry: $1.0313
🛑 Stop Loss: $1.04
🏁 TP1: $1.0156
🏁 TP2: $1.0069
🏁 TP3: $0.9965
📈 Analysis:
The asset shows a clear bearish structure, confirmed by the formation of lower highs and a break of structure on the 4-hour timeframe. Selling pressure is supported by a notable increase in trading volume, which is 68% above its average. With the price facing rejection at key resistance levels, the market maintains a predominant bearish trend across multiple timeframes.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A 'lower high' occurs when the price fails to surpass its previous peak, which often indicates weakness in the uptrend and the possible start of a bearish phase.
#crypto #DOT #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
