DOT's looking pretty weak right now, just broke down from a key level. Price action's getting messy, perfect time to short
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🔴 $DOT SHORT 📉
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📍 Entry Range: $1.0120 – $1.0140
🛑 Stop Loss: $1.0434 (-3.0%)
🎯 TP1: $0.997805 (+1.5%)
🏆 TP2: $0.962350 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 88%
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We've got a few signals firing on this one - that CHoCH market structure break is key, and the FVG plus OB overlap is giving us a nice confluence to work with. Liquidity sweep just happened too, so it's likely we see a push down. Overall, the structure looks like it's ready to unravel
3.0% stop loss seems about right, not too tight, not too wide - I'd run this with 2-3x leverage to maximize the 1:1.7 risk/reward
Take some profit at the first target, don't get greedy, and then let the rest ride to see if we can get that full 1.7 times risk
Not financial advice — always manage your own risk 🙏
#DOTUSDT $DOT #SMC #Write2Earn #Binance