Jimmy_04

🚨 $DOT Consolidation with a slight bearish bias. For trading on 1-hour timeframe, I'm favor Shorts on a bounce into resistance
Reviewing the provided K-line data, the most significant volume spikes occurred during the price advance from ~2.14 to ~2.24 (e.g., 11.2M, 7.3M volume). Recent candles show declining volume (e.g., 2.76M, 1.58M) as the price has retraced, suggesting a lack of strong selling conviction at current levels and potential for stabilization.
Capital Flow Data: The contract net flow shows significant inflows over the 4H to 12H periods (e.g., +2.47M, +3.62M), indicating money entered the market during the recent rise. However, the 5m and 15m flows are negative, suggesting short-term profit-taking is occurring. The substantial 3D and 5D outflows (-11.1M, -17.2M) highlight a broader context of capital leaving the market, capping the upside potential. The spot flow data is predominantly negative across most timeframes, confirming a lack of strong spot market buying interest.Entry short $DOT : Consider a short entry on a rejection near the resistance level at 2.169 USDT or a break below the key support at 2.111 USDT (. A rebound towards the MA120 (2.152) could also offer a favorable risk/reward shorting opportunity.Stop-Loss: should be placed 3% above the entry point. For an entry at 2.169, a stop at approximately 2.234 USDT is appropriate. Target Price $DOT : The primary target is the support level at 2.075 USDT. A move to next support (2.053) would yield nearly 6.7%. A more aggressive target would be the recent low of 2.095

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