DOT is wrestling with a fresh bearish swing as the market caps a new swing low. The broader crypto rally is losing steam, making a short thrust plausible.
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🔴 $DOT SHORT 📉
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📍 Entry Range: $1.1239 – $1.1261
🛑 Stop Loss: $1.1587 (-3.0%)
🎯 TP1: $1.1081 (+1.5%)
🏆 TP2: $1.0687 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A change of character broke the upward structure right at the 4-hour swing high, and the CVD turned negative confirming the shift. The fair value gap from the previous up move lines up with a strong order block, creating a POI where OB and FVG overlap. With that confluence, the price is primed to test the 1.7-to-1 reward ratio target.
A 3% stop is relatively tight on a volatile pair, so keep leverage around 2-3x to stay safe.
Consider taking half profit once price reaches the first resistance zone around the 1.7% target.
As always: manage your risk, this is not financial advice 🙏
$DOT #DOTUSDT #SMC #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $DOT SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $1.1239 – $1.1261
🛑 Stop Loss: $1.1587 (-3.0%)
🎯 TP1: $1.1081 (+1.5%)
🏆 TP2: $1.0687 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
A change of character broke the upward structure right at the 4-hour swing high, and the CVD turned negative confirming the shift. The fair value gap from the previous up move lines up with a strong order block, creating a POI where OB and FVG overlap. With that confluence, the price is primed to test the 1.7-to-1 reward ratio target.
A 3% stop is relatively tight on a volatile pair, so keep leverage around 2-3x to stay safe.
Consider taking half profit once price reaches the first resistance zone around the 1.7% target.
As always: manage your risk, this is not financial advice 🙏
$DOT #DOTUSDT #SMC #TradingSignals #Write2Earn