📊 $DOT /USDT Price Analysis: Key Levels & Entry Strategy 🔑
DOT is currently priced at $7.067, showing a modest recovery of +0.30% on the 15-minute chart. After breaking through the key $7.00 resistance, it is encountering rejection near the $7.10–$7.20 range.
Support Zone: Strong support is at $6.95–$6.97, where buyers previously stepped in, supporting the uptrend. If this level holds, it could serve as a launchpad for further gains.
Resistance Zone: Immediate resistance is at $7.10, and a breakout above this level could push the price toward $7.20+.
Entry Strategy:
Bullish Entry: Enter on a confirmed breakout above $7.10, targeting $7.20–$7.30 with a tight stop-loss below $7.00.
Bearish Entry: Consider short positions if the price falls below $7.00, targeting $6.95–$6.90.
With trading volumes surging to over $79.95M, DOT is at a pivotal point. Watch these key levels for potential moves. 🚀 Will DOT break through resistance or retrace? Let the market unfold its story!