DOT is forming a potential long-term bottom around 4.8 USDT, with a clear horizontal support level. It has been consolidating for several months, indicating a possible accumulation phase.
A significant Take Profit (TP1) target is identified at 10 USDT, with a longer-term price target at 19 USDT, representing a 391% upside from current levels.
The entry point is near the support at 4.8 USDT, providing an excellent risk-to-reward ratio for long-term traders.
Keep an eye on the price action around the support zone, and look for confirmation of a breakout toward TP1.
Trade Idea:
Long entry near 4.8 USDT.
TP1 at 10 USDT.
Final TP at 42 USDT.
Monitor support at 4.8 USDT for potential further downside protection.
A significant Take Profit (TP1) target is identified at 10 USDT, with a longer-term price target at 19 USDT, representing a 391% upside from current levels.
The entry point is near the support at 4.8 USDT, providing an excellent risk-to-reward ratio for long-term traders.
Keep an eye on the price action around the support zone, and look for confirmation of a breakout toward TP1.
Trade Idea:
Long entry near 4.8 USDT.
TP1 at 10 USDT.
Final TP at 42 USDT.
Monitor support at 4.8 USDT for potential further downside protection.
💎💎- Professional Trader
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💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💎💎- Professional Trader
💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
💎💎 - Discord: discord.gg/gHKNVMyEvd
💎💎 - Trading Course: liquiditysweep369.carrd.co/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.