$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:
šÆ $8.719
šÆ $10.113
šÆ $11.889
šÆ $15.723
šÆ $23.246
šÆ $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 keyāwait for confirmation before entering. If successful, $DOT could achieve significant upside potential!
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