DOT/USD

📊 Key Levels
🔹 Entry Zone

Around $1.57 (current price area)

This is mid-channel resistance.

🔹 Stop Loss

$1.44

Below recent structure low (D), protecting against breakdown risk.

🔹 Target Levels

$1.82 – First resistance / short-term recovery target

$1.90 – Previous structure zone

$1.95 – Strong supply area

$2.09 – Major resistance and trend reversal confirmation level

📉 Bearish Scenario (Higher Probability)

If price fails to break above the upper channel trendline:

Rejection near $1.60–$1.65 could push price back toward:

$1.44 (channel support)

Potential breakdown toward $1.35–$1.30 if support fails.

As long as price remains inside the descending channel, sell-on-rallies strategy is favored.

📈 Bullish Scenario (Trend Shift Confirmation)

Bullish reversal requires:

Strong breakout above the upper dotted channel

Daily close above $1.70–$1.75

Increased volume

Only then would targets at $1.82 → $1.95 → $2.09 become realistic.