【$DOT Signal】Pullback to Long + 1H Level Support Confirmation, Betting on a Second Surge

$DOT The 1H timeframe has experienced a 25% violent rally and is now in a healthy retracement consolidation phase. The price is oscillating around 1.59, with the 1H RSI falling back from the overbought zone to 59.78, indicating healthy cooling. The key point is the multiple support zone formed by the 1H EMA20 (1.5648) and the 4H EMA50 (1.3567), which is the lifeline for major funds. Market depth data shows buy orders (1.14) surpassing sell orders, and open interest (OI) remains stable, indicating that bulls have not exited in large numbers. This is a sign of a strong correction.

🎯Direction: Long (Long)

🎯Entry/Order: 1.570 - 1.580 (Reason: Retracement to 1H EMA20 support zone and previous small-level platform )

🛑Stop Loss: 1.550 (Reason: Break below the 4H bullish candle starting point at 1.553 and key psychological level, ATR stop loss )

🚀Target 1: 1.694 (Reason: Previous high resistance, also the first target for the day )

🚀Target 2: 1.752 (Reason: 4H previous high, after breakout expect to reach 1.80 )

🛡️Trade Management:

- Position size suggestion: Light (Reason: After a significant rally, this is a retracement game, risk control is necessary )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (1.570). If the price strongly breaks through 1.694 and stabilizes, target the remaining position towards 1.752.

Depth logic: This rally was accompanied by a massive volume (over 100 million in 4H), a clear signal of main capital driving. The current 1H volume contraction is a typical “uptrend continuation” pattern. Stable OI indicates bulls are not exiting, and the funding rate is only 0.01%, with no overheating risk. The RSI correction provides energy for another surge. The 1.570-1.580 zone below is an excellent second entry point with a favorable risk-reward ratio.

Check real-time market 👇 $DOT

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #加密市场反弹