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๐ $DOT Ready for a Major Move! Bullish Continuation or Reversal? ๐ฅ
$DOT has reclaimed key support after a strong liquidity grab, showing signs of a potential bullish continuation. The market has filled Fair Value Gaps (FVGs) and flipped key resistance levels, indicating strength in buyers.
๐ Market Breakdown:
โ Break of Structure (BOS) Confirmed โ Buyers regaining control.
โ Change of Character (CHoCH) โ A key shift in momentum.
โ FVG Fills & Retest Holding โ Potential setup for continuation.
โธป
๐ฅ Trade Idea:
๐ Bullish Scenario: A push above $4.00 could send $DOT to $4.10 - $4.20.
๐ Bearish Scenario: Losing $3.90 may trigger a retest of $3.80-$3.70.
๐ฏ Key Levels to Watch:
๐ Support: $3.90 - $3.80
๐ Resistance: $4.00 - $4.10
๐จ Will DOT push for new highs or is this just a liquidity grab before another drop? Share your thoughts below! ๐๐ฅ