$DOT /USDT Short Trade Signal!🔥💯
Entry Point: $7.05 (Current Price)
Stop Loss (SL): $7.22 (Above resistance zone)
Take Profit (TP1): $6.80
Take Profit (TP2): $6.60
Analysis:
DOT/USDT has broken a descending channel support, confirming a bearish trend continuation. The price is currently retesting the channel’s lower boundary near $7.05, which is a potential entry point for a short position.
Risk Management:
• Enter only if price remains below $7.10.
• Adjust Stop Loss to breakeven once TP1 is hit.
• Secure partial profits at TP1 while targeting TP2 for extended gains.
Recommendation: Monitor price action closely for potential rejection near $7.10 resistance.
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