DOT still looks weak.
🔴 $DOT - SHORT
Trade Plan:
Current Price: 1.181
Entry: 1.176 – 1.196
SL: 1.236
TP1: 1.148
TP2: 1.112
TP3: 1.068
DOT is still trading like a damaged chart, not a repaired one. The fast TradingView spot page shows DOT around 1.181, while the perpetual page is down 5.39% on the week, down 19.51% on the month, and down more than 34% year to date. That makes rallies into 1.176–1.196 more interesting as a short zone than a breakout chase. The logic is simple: if price pushes back into that band but cannot build acceptance, then the bounce is probably just a weak reclaim into supply, not a real shift in structure. In that case, RSI likely fades before strength is restored, MACD stays soft, and sellers regain control once the retest loses energy. This kind of setup usually hurts the traders who buy because it “feels cheap” without waiting for the chart to actually improve.
Would you fade this bounce now, or wait for DOT to lose 1.15 before pressing the short harder?
Click below for trade 👇
Setup valid as of analysis time. Crypto moves fast — always verify live chart before entering. DYOR & manage risk!
$DOT