Here's the updated trade signal for DOT/USDT:

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$DOT /USDT Spot Trade Signal 🔥

Current Price: $9.429
Timeframe: 15-Minute Chart (Binance)

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Key Levels to Watch

Resistance Zone: $9.50 – A breakout above this level could drive DOT toward $9.60 and higher.

Support Level: $9.30 – Holding this level is critical for maintaining bullish momentum.

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Trade Setup

Long Entry

Trigger: Entry at $9.45, after confirmation of a breakout above $9.50.

Targets:

1. $9.60

2. $9.70

3. $9.85

Stop Loss: $9.30

Short Entry

Trigger: Entry at $9.30, if the price decisively breaks below this support.

Targets:

1. $9.20

2. $9.10

3. $9.00

Stop Loss: $9.50

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Market Sentiment

$DOT /USDT is consolidating after a strong upward movement, hinting at potential volatility. Monitor trading volume at critical levels for confirmation before entering a trade.

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Risk Management Tip

Maintain tight stop-losses to manage risks during this consolidation phase.

Avoid over-leveraging, as breakouts could trigger sharp price movements.

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Stay updated and trade wisely! 🚀