Polkadot
Long

DOTUSD ANALYSIS 1.0

616
🚨 Trade Alert: DOT/USD Short Setup 🚨

We have identified a bearish setup in DOT/USD, characterized by the following:

No Bullish Divergence on RSI: No indication of a trend change.
Retracement: The price has retraced to the 0.618 Fibonacci level, suggesting a potential for continuation to the downside.
Entry Point:

Short: At the current market price (CMP)
Target Prices (TP):

TP 1: [Specify target price based on technical analysis]
TP 2: [Specify target price based on technical analysis]
Stop Loss (SL):

SL: [Specify stop loss based on recent high or technical level] to manage risk
Trade Summary:

Short: At CMP
TP 1: [Specify target price]
TP 2: [Specify target price]
SL: [Specify stop loss]
Trade Type: Short Swing 📉

Good Luck! 🍀

Stay informed and trade smart! 📊

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