🚨 $DOT LONG SETUP (on pullback) 🚨
DOT has been making higher lows above its EMAs but keeps getting rejected at $1.28. I'm watching for a LONG on a dip into support rather than chasing into resistance. 📈
Entry: $1.15 – $1.19
TP1: $1.25
TP2: $1.30
TP3: $1.43
SL: $1.09
🔻 Why DOT is on watch
Trading around $1.20–$1.24, up about 40% in a month with a clean uptrend of higher lows Price sits well above the 20 EMA ($1.13) and 50 EMA ($1.02) Support stacks at $1.19–$1.20, then $1.15 and $1.13 The $1.2839 early-September high (one candle poked above it but closed below) is the level to clear Above $1.30, the next resistance is $1.66 The latest move was mostly beta to the broader market, so a BTC pullback is the likely source of the dip $DOT
DOT has been making higher lows above its EMAs but keeps getting rejected at $1.28. I'm watching for a LONG on a dip into support rather than chasing into resistance. 📈
Entry: $1.15 – $1.19
TP1: $1.25
TP2: $1.30
TP3: $1.43
SL: $1.09
🔻 Why DOT is on watch
Trading around $1.20–$1.24, up about 40% in a month with a clean uptrend of higher lows Price sits well above the 20 EMA ($1.13) and 50 EMA ($1.02) Support stacks at $1.19–$1.20, then $1.15 and $1.13 The $1.2839 early-September high (one candle poked above it but closed below) is the level to clear Above $1.30, the next resistance is $1.66 The latest move was mostly beta to the broader market, so a BTC pullback is the likely source of the dip $DOT