$DOT is currently in a short-term expansion phase. The breakout is valid while $1.40 holds. Watch consolidation behavior closely â continuation or rejection from this level will define the next directional move.
đ Technical Structure
âą Immediate Resistance: $1.53
âą Breakout Confirmation: Sustained consolidation above $1.50
âą Key Support: $1.38â$1.40
âą Invalidation Level: Loss of $1.35
âą Major Re-test Zone: $1.24â$1.26
As long as price holds above $1.38â$1.40, structure remains constructive and dips may continue to attract buyers.
However, a rejection at $1.53 followed by a breakdown under $1.35 would signal a failed breakout, increasing the probability of a deeper pullback toward $1.26.
Stay disciplined. Manage risk. Let structure confirm bias.