$DOT is reclaiming just enough to spark interest again. That’s the trap.
$DOT - SHORT
Trade Plan:
Entry: 1.25308 – 1.25791
SL: 1.26999
TP1: 1.24100
TP2: 1.23616
TP3: 1.22650
Why this setup?
4h structure is setting up for a SHORT, backed by a bearish 1D backdrop. The key is the reaction around 1.25308 – 1.25791 (mid 1.25549), not the bounce. RSI 15m at 35 still aligns with downside (momentum is neutral enough for downside to keep building). 15m volume prints 117.86K against a 29.46K 1H baseline slice (4.00x), supporting the rejection.
Debate:
Are we about to see expansion from this level, or another fake move?
Click bellow for trade 👇