$DOT just exploded nearly 12% in a day, pushing RSI deep into overbought territory. When momentum stretches this far above the short-term averages, a cooling move usually follows.
Short $DOT
Entry: $1.58-$1.63
Stoploss: $1.72
targets: $1.50-$1.42-$1.30
RSI above 80 signals extreme short-term overheating after the sharp rally. While MACD remains bullish, price is extended far above the $1.46 MA30 baseline. If buying pressure slows near the $1.64 resistance zone, profit-taking could drag DOT back toward the $1.50 support and potentially deeper liquidity around $1.30.
DOTUSDT
Διην.
1.591
+12.59%