šŸš€ #DOT / Technical Analysis šŸš€

The price of $DOT /USDT is currently at $8.25, with a 24-hour high of $8.256. The trading data shows a positive trend, with a 1% increase in the past hour.

According to the Bollinger Bands indicator, the upper band is at $9.004 and the lower band at $6.514. The Moving Average is at $8.346, indicating a potential support level.

Trading Signal: Based on the technical analysis, it is recommended to consider buying DOT at the current price range with a target price round about $9.50. Set a stop-loss at $8.00 to manage risk.