DOT Ready to Explode Above $4.20? Don’t Blink!

8월 13일

📊 Market Structure
DOTUSDT is showing a bullish recovery after a recent pullback. From the August 7th low, the price trended upward strongly, making higher highs until around August 10th, where sellers took over and drove a retracement. The correction respected multiple support levels, and buying pressure re-emerged around $3.817–$3.757, leading to the latest rally.
Currently, DOT is trading just above the $4.181–$4.192 zone, which is a short-term support area. This level is important because it was previously resistance during the earlier uptrend and is now holding as a pivot for bullish continuation.
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🔍 Price Action Insights
The chart shows multiple “B” buy signals during the dip phases, confirming accumulation zones. The most recent buy signal triggered right before price pushed toward the $4.309 resistance area. Sellers have previously been active around $4.234–$4.309, which explains the minor consolidation we’re seeing now.
The immediate upside target is $4.309 — a break and close above this on the 1H would likely send DOT toward higher resistances, possibly into the $4.40 area over the next sessions.
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💼 Trading Setup (From Chart Data)
• Entry: $4.192 (current support & breakout retest)
• Stop Loss: $4.109 (below short-term support) – Risk ≈ 1.96%
• Take Profit: $4.309 (resistance) – Reward ≈ 2.82%
• Risk : Reward Ratio: ~1.44 : 1
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📈 Bullish Scenario
If DOT holds above $4.181–$4.192 ✅, expect a retest and possible breakout above $4.309. Breaking that resistance could trigger a stronger rally toward $4.40+, with momentum building from the prior higher low.
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⚠️ Bearish Risk
If $4.181 breaks decisively ❌, price could revisit the lower supports at $3.817 or even $3.757 before buyers attempt another push.
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📌 Trade Management
1. Watch for bullish candles with strong closes above $4.234 — this would be the first sign of strength toward $4.309.
2. Take partial profit near $4.309 🏦 to secure gains.
3. Move stop-loss to breakeven once partial profits are taken.
4. If a breakout above $4.309 occurs, trail the stop under each new higher low to capture extended upside.

From this setup, DOTUSDT is in a bullish recovery mode and, as long as it stays above the $4.18 pivot, buyers have the advantage.

8월 14일

노트

Plays out perfectly, profit booked!