$DOT
🔥 $DOT is still in beast mode — just taking a breather right now.
After ripping more than +10% in the last 24 hours, DOT smashed through multiple key moving averages and is now consolidating near the highs. Price is chilling just below the major resistance at 2.298, and the latest candle looks like a classic doji on low volume — basically the market saying: “We’re waiting for the next move.”
That first pump? Real strength.
We saw heavy volume during the breakout, including that monster 7.17M volume candle when DOT tagged 2.341. Now volume is cooling off during this sideways action, which usually means healthy consolidation, not panic selling.
💰 Capital flow check:
• Short-term contracts (5m–1h) are slightly red — profit takers doing their thing.
• Mid-term flows still bullish:
– 4H: +747K
– 6H: +389K
• Spot flow is mixed, with 24H at -979K, so yeah… some spot traders are nervous, but the bigger picture still leans bullish.
📍 Trade ideas (not financial advice):
• Aggressive longs: 2.285–2.295 with a tight stop.
• Safer setup: wait for a pullback to 2.257–2.260 (20-MA + Bollinger mid).
• Momentum play: wait for a clean break above 2.298 to confirm continuation.
🛑 Stop-loss: 2.215 (just under key support at 2.216)
🎯 Targets:
• TP1: 2.318
• TP2: 2.339