$DOT Facing Rejection After Strong Pump – Pullback Coming?
DOT
1.572
-3.38%
DOT is trading around $1.62 after a sharp rally toward the $1.75 zone, but we’re now seeing clear rejection from the local top with lower highs forming on the 15m chart. Momentum is slowing and short-term structure shows weakness, suggesting a possible correction toward the $1.35–$1.40 demand area before any new bullish continuation. If price fails to reclaim $1.68 quickly, sellers may push it lower for liquidity grab.
Trade Setup:
Entry: $1.60–$1.64
Target 1: $1.48
Target 2: $1.40
Target 3: $1.35
Stop Loss: $1.70