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The $DOT chart hints at weakness, even as the crowd chases a relief bounce.
$DOT - SHORT
Trade Plan:
Entry: 1.20031 – 1.20475
SL: 1.21585
TP1: 1.18921
TP2: 1.18477
TP3: 1.17590
Why this setup?
4h SHORT setup remains intact. 1D structure stays bearish. Price reacts from 1.20031 – 1.20475 near 1.20253. RSI 15m sits at 42 (neutral momentum, allowing downside to build). 15m volume is 94.33K vs a 103.21K 1H baseline (0.91x) decent participation for the fade to persist.
Debate:
Is this the real reversal, or just the trap before continuation?
$DOT