#dot /USDT Ready to go higher
$DOT has slid back down to the bottom of its descending channel on the 1H chart, and this is the same area where buyers have stepped in multiple times before. So far, that 1.86 zone keeps doing its job.
RSI is getting pretty stretched to the downside, which usually means selling pressure is running out of steam. Price is also hanging around the 100 MA, so there’s decent technical support lining up here.
My plan:
👉 Looking for a bounce as long as 1.862 holds
👉 Entry around 1.91
👉 Upside targets at 1.94 → 1.99 → 2.06
👉 Stop goes below 1.86 — if that breaks cleanly, the idea is invalid
Nothing fancy here. This is just a classic “price at support + momentum cooling off” setup. If buyers show up again, $DOT should push back toward the top of the range. If not, we step aside and move on.
