๐ŸŸข DOT Trade Plan: Breakout and Retest Strategy ๐Ÿ“ˆ๐Ÿš€

๐ŸŽฏ Entry Point:

Long spot trade at the break and retest of $10.00 resistance on a 4HR candle.
๐ŸŽฏ Take Profit Levels:

First target: $11.30 - $12.00
Second target: $16.00 - $17.00
๐Ÿ›‘ Stop Loss:

Just below $9.50 to manage downside risk.
๐Ÿ“Š Strategy Rationale:

Taking advantage of breakout momentum with a confirmation retest strategy.
Targets set at key resistance levels for potential profit-taking.
Tight stop loss to manage risk in case of a reversal.
๐Ÿ“‰๐Ÿ“ˆ Note: Monitor price action closely for confirmation and adjust strategy accordingly. #DOT #TradingStrategy #Breakout ๐ŸŸข๐Ÿ“Š
breakoutcryptocurrrencyDOTDOTUSDTSupport and ResistancetradingstrategyTrend Analysis

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