$DOT recorded a $4.4356K long liquidation around $1.12412. The selling pressure is noticeable and makes the $1.11–$1.13 area important for the next move.
A hold here could give buyers a chance to rebuild momentum.
Trading Setup:
Entry: $1.11–$1.13
Targets: $1.17–$1.22
Stop: $1.08
Bias: Cautious recovery
Risk Management: Don’t assume the liquidation is the bottom. Wait for confirmation before entering.
Disclaimer: This analysis is my personal market observation and is not financial advice.
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