$DOT Alert: Short Liquidation Unleashes Bullish Momentum!
A significant $59K short position was liquidated at $9.873, highlighting strong buyer dominance in the market.
This liquidation could signal the start of a potential rally as bearish pressure weakens.
What’s Next for $DOT ?
1. For Buyers:
Breakout Zone: Watch for a push above $10.00, which could lead to a rally toward $10.50 or higher.
Entry Tip: Consider accumulating near $9.80–$9.90 with a stop-loss around $9.60 for safety.
2. For Sellers:
If $DOT struggles to break $10.00, a correction back to $9.50 could occur.
Monitor volume—declining activity may favor short-term pullbacks.
Crucial Levels to Track:
Support: $9.60, $9.50
Resistance: $10.00, $10.50
DOT is heating up—stay sharp and trade the trend!
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