$DOT /USDT – SHORT SETUP (Short-Term)
DOTUSDT
Perp
1.831
-1.87%
The DOT daily timeframe shows a strong downtrend. The price is trading below all major EMAs (30/50/100/200). Momentum is weak and buyer pressure seems low.
Pair: DOT/USDT
Signal: SHORT
Current Price: ~1.84
Entry Zone: 1.85 – 1.88
Targets:
TP1: 1.82
TP2: 1.75
TP3: 1.70
Stop Loss: 1.95
Analysis:
A strong resistance has formed in the EMA cluster on the daily chart. The MACD is below the zero line and the histogram shows weak negative momentum. The RSI is around ~35, which still allows for further downside before an oversold bounce. As long as the price does not sustain above 1.95, the bias for shorts seems safe.
Please follow risk management.