William Henry
--
Bullish
$DOT USDT Weekly Overview
Breakout Confirmed: $DOT has broken out of a triangle pattern and is above the weekly MA50, signaling a bullish trend.
Retest in Progress: Retest around the breakout zone is crucial for confirmation.
Trade Setup
Buy Zone: $5.50 - $5.90
Stop Loss: $5.20
Targets:
🎯 $8.719
🎯 $10.113
🎯 $11.889
🎯 $15.723
🎯 $23.246
🎯 $29.326
Action Plan
1. Watch the retest for bullish confirmation (e.g., strong rejection or engulfing candles).
2. Enter near the buy zone for the best risk-reward ratio.
3. Manage risk with a tight stop-loss below $5.20.
4. Move stop-loss higher as DOT progresses toward targets.
Patience is key—wait for confirmation before entering. If successful, $DOT could achieve significant upside potential!
#BitcoinInSwissReserves #BTC94KShowdown #BinanceAlphaAlert #SolvProtocolMegadrop #MicroStrategyStockSale
{spot}(DOTUSDT)
Breakout Confirmed: $DOT has broken out of a triangle pattern and is above the weekly MA50, signaling a bullish trend.
Retest in Progress: Retest around the breakout zone is crucial for confirmation.
Trade Setup
Buy Zone: $5.50 - $5.90
Stop Loss: $5.20
Targets:
🎯 $8.719
🎯 $10.113
🎯 $11.889
🎯 $15.723
🎯 $23.246
🎯 $29.326
Action Plan
1. Watch the retest for bullish confirmation (e.g., strong rejection or engulfing candles).
2. Enter near the buy zone for the best risk-reward ratio.
3. Manage risk with a tight stop-loss below $5.20.
4. Move stop-loss higher as DOT progresses toward targets.
Patience is key—wait for confirmation before entering. If successful, $DOT could achieve significant upside potential!
#BitcoinInSwissReserves #BTC94KShowdown #BinanceAlphaAlert #SolvProtocolMegadrop #MicroStrategyStockSale
{spot}(DOTUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.