🚀 $DOT

/USDT Technical Analysis: Bulls in Control? 🎯

Current Price: $5.45 (+8.33%)

Support Levels: $5.10 | $4.85

Resistance Levels: $5.70 | $6.00

Key Targets to Watch:

🎯 Target 1: $5.70

The first challenge for DOT is breaking through $5.70, a crucial resistance zone. If bulls maintain momentum, expect strong buying pressure here.

🎯 Target 2: $6.00

DOT could rally to $6.00, a psychological level. A breakout above this point may signal a shift towards a sustained uptrend.

🎯 Target 3: $6.40

Should market conditions remain favorable, $6.40 becomes the next major target. This level aligns with a significant Fibonacci retracement, indicating potential consolidation or a further breakout.

Indicators:

RSI: Currently in the bullish zone, suggesting strong momentum.

MACD: Shows positive divergence, indicating further upward movement.

Trend Analysis: DOT’s Layer 1 ecosystem continues to gain traction. With increasing volumes and community support, these targets seem well within reach. Stay alert for any market reversals!

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