🔻 DOT 1H — Trend Still Weak, Key Support at Risk
$DOT is still moving in a clear bearish structure — weak bounces, steady selling, nothing convincing from buyers yet. Price is sitting right above the 1.792 support, and if that level breaks, I’m expecting a drop toward 1.753, maybe even 1.684 after that.
🔍 What I’m watching right now:
👉 1.792 is the key line in the sand. Hold it, and DOT gets a chance to breathe. Lose it, and we likely slide lower.
👉 Price is hovering around the equilibrium of the recent swing, but there’s no strong bullish signal yet.
🔄 If we get a bounce:
If DOT manages to reclaim and hold above 1.818 with strong candles, then a short-term relief move can push up to:
➡️ 1.854
➡️ 1.872
But let's be honest — this would still be just a corrective bounce unless structure shifts.
📌 Trade setups I’m considering:
Short setup:
👉 Look for rejection around 1.818–1.854
👉 Targets: 1.792 → lower levels
👉 Stop-loss above the recent swing high
Long setup (only with real confirmation):
👉 Wait for a liquidity sweep below 1.792 followed by a sharp reclaim
👉 Targets: 1.818 → 1.854
👉 Stop-loss at the fresh swing low
🎯 My view
Bias stays bearish unless
$DOT shows real strength above 1.818.
Until then, shorting bounces makes more sense than trying to catch a bottom.
#dot #Write2Earn #TrendingTopic #TradingSignals