$DOT Based on DOT's current price of $8.240, here's an analysis:
Key Levels:**
- **Support:** The support level is around $7.80, where buying interest has been observed in recent days. A breakdown below this level could lead to a further dip.
- **Resistance:** The resistance level is near $8.50. If DOT breaks above this level, it may test the $9.00 zone, where previous selling pressure was encountered.
Target Price:**
- **Short-term target:** $9.00
- **Medium-term target:** $9.50
**Sell Price:**
- If DOT approaches the resistance at $8.50, consider selling or taking profits before a potential reversal.
- If DOT breaks above $9.00, a new sell signal could form closer to $9.50.
**Analysis:**
Currently, DOT is testing the $8.00-$8.50 range, with buying momentum appearing strong. If it holds above $8.00, we may see a bullish move towards $9.00. However, a dip below $8.00 could see the price testing support at $7.80.
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