$DOT /USDT BULLISH BREAKOUT 🚀
Key Levels:
- Current Price: $7.890
- Resistance Levels: $7.939, $9.173
- Support Levels: $7.774, $7.150
Trade Setup:
- Entry: Long at $7.890
- Take Profit (TP): $9.173
- Stop Loss (SL): $7.150
Risk Management:
- Risk/Reward Ratio: 2:1
- Position Size: Adjust according to risk tolerance, ensuring no more than 2% of total capital is at risk.
Summary:
We are looking for a long trade on $DOT/USDT due to a bullish breakout above the resistance level of $7.774. The price has shown strong upward momentum, indicating a potential move towards the next resistance at $9.173. The stop loss is set below the recent support to minimize risk. 📈🚀