$DOT TRADE SIGNAL
Below analysis are based on 1hour Chart
Key Levels to Watch:
- Range: $8.587 to $9.150
- Buy Trigger: $9.170
Trading Strategy :
1. Buy Above $9.170:
If DOT breaks above $9.170, it could signal a bullish trend and a potential upward rally. Keep an eye on this level to catch the breakout.
2. Short-Term Trade:
If DOT rebounds above $8.587 and stays within the $8.587 to $9.150 range, it’s a great opportunity for short-term trades.
3. Long-Term Opportunity:
If the price dips below $8.587, wait for it to hit $8.347. A rebound at this level could be a strong signal for a long-term investment.
Pro Tip:
Stay cautious in this range-bound market. Use proper stop-loss levels and manage your risk effectively.
This is only for educational purposes. Do your own research before any trade . If you find this analysis helpful, don’t forget to like and share!