$DOT Breakout Entry: Wait for the price to break above the recent high of around 9.669. This could signal a potential upward trend.
Pullback Entry: If the price retraces after the breakout, consider entering on a pullback to the 9.318 level or the 24-hour low of 8.925. This could offer a lower entry point.
Stop-Loss:
Conservative: Place a stop-loss below the recent swing low, around 8.540.
Aggressive: If you're more comfortable with risk, you could use a tighter stop-loss, such as below the recent support level around 8.925.
Profit Targets:
Short-Term: Aim for a 5-10% profit target, which would be around 9.774 to 10.249.
Medium-Term: Consider a more extended target of 15-20%, which could be around 10.646 to 11.121.$DOT