【$DOT Signal】Pullback to Long! 1H Retracement Confirmation, Main Force Showing Signs of Support

$DOT After experiencing a 27% violent surge, the 1H level is consolidating strongly around the critical support zone of 1.62-1.63. The 4H level has broken through the long-term downtrend with a massive volume, currently retracing above the EMA20 (1.553), which is a healthy correction. The 1H RSI (66) has fallen from the overbought zone, preparing for another upward push. Market depth data shows buy orders far exceeding sell orders (imbalance of 6.44%), and open interest remains stable, indicating that main capital has not exited. This is a typical short squeeze support structure.

🎯 Direction: Long (Long)

🎯 Entry/Order: 1.620 - 1.630 ( Reason: 1H EMA50 support zone + dense buy orders on the order book )

🛑 Stop Loss: 1.595 ( Reason: Break below 1H previous low and the lower boundary of dense trading zone, ATR stop loss )

🚀 Target 1: 1.690 ( Reason: Previous high resistance level, also the 1H Fibonacci 0.618 retracement level )

🚀 Target 2: 1.750 ( Reason: 4H previous high and 1.618 extension level )

🛡️ Trading Management:

- Position Size: Light ( Reason: High intraday volatility, prioritize risk management )

- Execution Strategy: After the price reaches Target 1 at 1.690, reduce position by 50%, and move the remaining stop loss to the entry price of 1.625 (break-even). If the price cannot hold above 1.630 and quickly drops below 1.620, abandon the entry and wait for stronger signals.

Depth Logic: The past 24 hours saw massive volume trading, a clear signal of main capital entering. Although the 1H RSI is somewhat high, the price consolidates instead of deep correction, showing strong support. Funding rate is only 0.01%, with no excessive selling pressure. Combined with the buy orders stacking on the order book (over 700,000 coins at 1.61-1.62), the support below is solid. This is a typical short-term scenario of “not falling when it should,” indicating a bullish outlook.

View real-time market 👇 $DOT

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