$DOT Signal】Pullback to go long! 1H oversold + 4H key support, prepare for rebound



$DOT The 1H timeframe has entered a serious oversold zone, RSI has fallen to 31, and the price is testing the key support around 1.425. On the 4H chart, the price has broken below all short-term moving averages, but open interest remains stable, with no signs of panic selling, indicating that the current decline may be a leverage wipeout for bulls rather than a main force distribution. The order book shows sell orders stacking above 1.427, but strong buy support in the 1.407-1.421 range below, making it an optimal entry zone.

🎯Direction: Long (pullback setup)

⚡Entry/Order: 1.407 - 1.421

🛑Stop Loss: 1.395

🚀Target 1: 1.455

🚀Target 2: 1.480

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price pulls back and breaks below the moving stop loss, exit all positions.

(Depth Logic: 1H RSI shows early divergence, with the price making new lows but RSI not confirming, indicating weakening bearish momentum. The 4H price is approaching the lower boundary of a previous dense trading zone, and the funding rate is negative, which favors long positions. Combined with stable open interest and deep buy orders, it’s clear that major players are defending this zone, and a rebound is imminent. )

Check real-time market 👇 $DOT

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