【$DOT Signal】Long | 1H breakout and retest confirmed, signs of main force supporting the market are obvious

$DOT The 1H timeframe is consolidating strongly above EMA20 (1.328), just completing a retest of yesterday’s large bullish candle for confirmation. The 4H timeframe has stabilized above EMA50 (1.331) and broken through the recent consolidation upper boundary, indicating an emerging bullish structure. The order book shows significantly deeper buy orders than sell orders, OI remains stable, and the price is firm. These are typical signs of main force support, and short-term momentum is expected to continue.

🎯Direction: Long (Long)

🎯Entry/Order: 1.336 - 1.338 (Reason: 1H EMA20 support zone, dense trading area in the order book )

🛑Stop Loss: 1.325 (Reason: Break below 4H EMA50 and previous low support, structure broken )

🚀Target 1: 1.350 (Reason: Yesterday’s high resistance, 4H previous high )

🚀Target 2: 1.365 (Reason: 1.618 Fibonacci extension level )

🛡Trade Management:

- Position size suggestion: Standard position (Reason: Multi-timeframe resonance, risk-reward ratio >1.5 )

- Execution strategy: After the price reaches 1.350, reduce position by 50% and move stop loss up to entry price 1.338. Hold the remaining position to target the second goal. If the price retests and breaks below 1.338, exit all positions.

Depth logic: After a volume breakout on the 4H chart, the 1H level performs a healthy retest. RSI on 1H (59.15) remains in a strong zone and is not overheated. The order book depth imbalance reaches 4.15%, with a large accumulation of buy orders in the 1.327-1.333 range, forming a strong support cushion. OI remains stable after price rises, indicating it’s not purely short covering but active long-side capital absorption. Combined with positive funding rates, market sentiment is bullish but not overly enthusiastic, suitable for short-term targeting.

View real-time market 👇 $DOT

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