#Trump'sIranAttackDelayed
$DOT Bullish Reversal Bounce Confirmed
DOT has successfully bounced off the 1.225 support level after a sharp correction and is now reclaiming 1.232 with momentum shifting back to the upside. Buyers are stepping back in at key support.
🔺 Market Bias: LONG
🔹 Entry Zone: 1.230 – 1.235
🔹 Stop Loss: 1.220
🎯 Profit Targets:
• TP1: 1.250
• TP2: 1.260 (Recent high)
• TP3: 1.275
Leverage: 5x – 10x
Technical Outlook:
· RSI(6) at 50.12 – Rising from oversold territory, signaling fresh buying pressure with room to grow.
· MACD: Bearish momentum is contracting, with a potential bullish crossover forming soon.
· Structure: Higher low established at 1.225, holding above the previous support.
· Volume: Selling volume is drying up, and green candles are starting to form.
The correction from 1.260 looks complete. If price breaks above 1.240, acceleration toward 1.250 and a retest of the highs is likely. Don't fade this recovery. 🐂
