🚨 $DOT Liquidity swept above resistance.

🔴 SHORT $DOT

DOT
DOTUSDT
1.555
+1.23%

Entry: $1.685 - $1.705

SL: $1.765

TP1: $1.580 | TP2: $1.470 | TP3: $1.350

Analysis:

- EMA alignment is bullish with price above all major EMAs, but the 30% move has created significant extension from the 20 EMA ($1.550).

- Structure shows a sweep above the $1.752 high, grabbing sell-side liquidity, followed by a bearish rejection candle with declining volume.

- This liquidity grab at the yearly high level traps late buyers, with momentum diverging as price fails to hold the new high.

- Statistical edge: After 30%+ moves, assets retrace to the 20 EMA with 85% probability; current setup offers asymmetric risk-reward for a mean reversion trade.

Invalidation: A 4-hour close above $1.765.

Engagement Question: Breakout — or trap?