🚨$DOT /USDT Technical Analysis🚨

📊The $DOT /USDT pair presents an interesting setup with potential for both long and short positions. The price has been consolidating within a range, forming a clear support level around 8.696 and resistance at 9.224.

Long Entry:

🚀 Entry: 8.75 (above the support level)

🛑 Stop Loss: 8.50 (below the recent swing low)

🎯 Target: 9.224 (resistance level)

Short Entry:

🚀 Entry: 9.10 (below the resistance level)

🛑 Stop Loss: 9.30 (above the recent swing high)

🎯 Target: 8.696 (support level)

💹The 5-minute chart shows a recent bullish candle, suggesting potential upward momentum. However, the overall market sentiment remains uncertain. Traders should exercise caution and consider using stop-loss orders to manage risk.

⚠️Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.

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