Trade Idea: DOT LONG

Opened 2026-05-06 14:49:45 · Valid until 2026-05-07 14:49:45 · Triggered 2026-05-06 15:28:02 · Closed 2026-05-06 20:44:02

How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.

LONG CLOSED RR 1.50 Conf 75% Scalp 15-45 minutes

Entry

1.30000000

Stop

1.28000000

Targets

1.33000000 / 1.35000000 / 1.37000000

Live price

0.93510700

Live ROI

-28.07% vs entry

Idea ID

#11180

Now Entry Stop TP

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Thesis and checks

Polkadot (DOT) shows a positive momentum on the 1m and 5m charts with a recent 24h gain of 2.36%, indicating bullish sentiment.

Confluence 1: Price is currently bouncing off a short-term support level near $1.28 on the 1m chart, suggesting a good risk entry point.
Confluence 2: The 5m chart shows a bullish engulfing candle pattern combined with increasing volume, signaling potential upward continuation.

Trade ideas are educational. Manage risk and position size.