📊 $DOT /USDT Technical Analysis (Binance)
Current Price: $6.962
Price Movement: Slight correction after testing resistance at $7.00.
🎯 Targets:
1️⃣ Target 1 (Achieved): $7.00 – A key psychological resistance tested earlier. Profit booking observed.
2️⃣ Target 2: $7.20 – Immediate resistance level with potential breakout momentum if volume supports.
3️⃣ Target 3: $7.50 – Longer-term bullish target contingent on breaking $7.20 resistance and maintaining bullish sentiment.
🚨 Strategy:
Short-term traders: Secure partial profits near $7.00 and trail stop-loss around $6.85.
Long-term perspective: Watch for a breakout above $7.20 for extended gains.