$DOT just saw a Long Liquidation of $1.489K at $1.782. This correction is healthy, as it clears weaker positions and prepares the market for a stronger move upward. I’m watching closely because price is approaching a zone that has historically acted as solid support.

Trade Setup:

Entry Zone: $1.775 – $1.785

Target 1: $1.805

Target 2: $1.820

Stop Loss: $1.765

This zone is strong due to previous support around $1.770–$1.780 and the 0.618 retracement level from the last swing. They’re building strength here, and if this level holds, a push toward the targets looks likely. I’m waiting for confirmation before scaling in.