🚨 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! 📊