$DOT Signal】Pullback to Long! 1H pullback confirmation, main force clearly intends to support the market



$DOT The 1H level has entered a healthy correction after a sharp rise, with the price building a platform around 1.58. The 4H large bullish candle confirms a reversal trend, and the current pullback is a second opportunity for bulls to enter. Open interest remains stable, with no signs of large-scale exit, indicating a clear intention by the main force to support the market.

🎯Direction: Long (Long)

🎯Entry/Order: 1.575 - 1.580 (Reason: 1H EMA20 dynamic support zone, current price at the platform )

🛑Stop Loss: 1.555 (Reason: Break below 1H previous low and ATR lower band )

🚀Target 1: 1.650 (Reason: Previous high resistance and 4H Fibonacci 0.618 retracement level )

🚀Target 2: 1.750 (Reason: Break above previous high, aiming for the 4H previous high resistance )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 4H trend established, 1H correction in place, favorable risk-reward ratio )

- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss up to entry at 1.580. Hold remaining position to target 2, and exit decisively if the price falls below the moving stop.

Deep logic: After a 24% surge in 24 hours, the price has not fallen sharply back, indicating strong buying support. The 1H RSI(57.69) has healthy retraced from overbought territory, preparing for another upward move. Market depth data shows unusually thick buy orders in the 1.56-1.57 range, forming a strong support wall. Open interest remains stable during consolidation, suggesting this is not profit-taking but bulls rotating positions. Combined with positive funding rates, market sentiment is bullish but not overheated, making it suitable for targeting a second rally after a correction.

View real-time market 👇 $DOT

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