$DOT The 1H timeframe is consolidating with decreasing volume above a critical support level, which is a healthy pullback after a strong breakout on the 4H timeframe. The 4H candlestick has closed bullish for several consecutive periods, stabilizing above EMA20 and EMA50, indicating a shift from weak to strong trend structure. Currently, the price is oscillating within the 1.41-1.415 range, with buy orders (1.39-1.40) significantly deeper than sell orders, and order book imbalance at 16.41%, showing strong support below. Open interest remains stable, and the price is firm, which is a typical signal of main force protecting the market; a pullback is an opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 1.410 - 1.415 (Reason: 1H EMA20 dynamic support zone resonating with the upper edge of the 4H breakout candlestick body )
🛑Stop Loss: 1.395 (Reason: Break below the low of the 4H bullish breakout candle and the lower edge of the dense trading zone, also the ATR stop level )
🚀Target 1: 1.438 (Reason: Previous high resistance and the 1H Fibonacci 0.618 extension level )
🚀Target 2: 1.455 (Reason: Previous wave high on the 4H timeframe and the 1.618 extension level )
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: Resonance between 4H and 1H cycles, risk-reward ratio >1.5, higher certainty )
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 1.438, move the remaining stop loss to break even and hold for Target 2.
Depth logic: Technical analysis shows multi-timeframe bullish resonance. The 4H level has clearly broken above the downtrend line and all key moving averages, with RSI(14) in the strong zone above 70. The 1H RSI has pulled back from 65, avoiding overbought conditions and preparing for another upward move. Funding rate at 0.0095% is positive but not high, indicating no overheating risk. Market logic suggests upward price movement, supported by solid buy depth and stable open interest, indicating that bulls are in control, with a high probability of passive short covering or stop-loss triggers. The pullback is an entry point, aiming for the next surge.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$DOT Signal】Long - 4H breakout pullback confirmation, 1H accumulation ready to move
$DOT The 1H timeframe is consolidating with decreasing volume above a critical support level, which is a healthy pullback after a strong breakout on the 4H timeframe. The 4H candlestick has closed bullish for several consecutive periods, stabilizing above EMA20 and EMA50, indicating a shift from weak to strong trend structure. Currently, the price is oscillating within the 1.41-1.415 range, with buy orders (1.39-1.40) significantly deeper than sell orders, and order book imbalance at 16.41%, showing strong support below. Open interest remains stable, and the price is firm, which is a typical signal of main force protecting the market; a pullback is an opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 1.410 - 1.415 (Reason: 1H EMA20 dynamic support zone resonating with the upper edge of the 4H breakout candlestick body )
🛑Stop Loss: 1.395 (Reason: Break below the low of the 4H bullish breakout candle and the lower edge of the dense trading zone, also the ATR stop level )
🚀Target 1: 1.438 (Reason: Previous high resistance and the 1H Fibonacci 0.618 extension level )
🚀Target 2: 1.455 (Reason: Previous wave high on the 4H timeframe and the 1.618 extension level )
🛡️Trade Management:
- Position size suggestion: Standard position (Reason: Resonance between 4H and 1H cycles, risk-reward ratio >1.5, higher certainty )
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 1.438, move the remaining stop loss to break even and hold for Target 2.
Depth logic: Technical analysis shows multi-timeframe bullish resonance. The 4H level has clearly broken above the downtrend line and all key moving averages, with RSI(14) in the strong zone above 70. The 1H RSI has pulled back from 65, avoiding overbought conditions and preparing for another upward move. Funding rate at 0.0095% is positive but not high, indicating no overheating risk. Market logic suggests upward price movement, supported by solid buy depth and stable open interest, indicating that bulls are in control, with a high probability of passive short covering or stop-loss triggers. The pullback is an entry point, aiming for the next surge.
Trade here 👇 $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 #Gate广场发帖领五万美金红包