DOT finally got to his resistance area at 48$ and therefore as completed 1st target.
Now of course i wouldn't recommend buying here as the resistance could reject the price. I see 2 possible plans :
1 : Prices break and close in Daily above the resistance area (above 51$) and we would look at pullback between 48$ to 51$ to enter long.
2 : Prices get rejected and go find support at 45$ level, which could act as support before a break of the main resistance.
If i would be already long i would take some profit there and wait for lower prices to enter long again. I don't have a clear view so i would be waiting for option 1 or 2 to happen before acting.
Now of course i wouldn't recommend buying here as the resistance could reject the price. I see 2 possible plans :
1 : Prices break and close in Daily above the resistance area (above 51$) and we would look at pullback between 48$ to 51$ to enter long.
2 : Prices get rejected and go find support at 45$ level, which could act as support before a break of the main resistance.
If i would be already long i would take some profit there and wait for lower prices to enter long again. I don't have a clear view so i would be waiting for option 1 or 2 to happen before acting.
