📊 $DOT /USDT TECHNICAL ANALYSIS 🦉📈

CURRENT MARKET CONDITION:

The current price of DOT/USDT is $7.321, showing a slight decrease of 0.44%. The market is experiencing a consolidation phase with minor fluctuations. The 24-hour high is $7.572, and the 24-hour low is $6.805.

SUPPORT AND RESISTANCE LEVELS:

- Support: $7.200

- Resistance: $7.400

### TRADE SETUP 🛠️

Long Entry:

- Entry Point: Consider entering a long position if the price breaks above the $7.400 resistance level.

- Target Price (TP): $7.600

- Stop Loss (SL): $7.200

Short Entry:

- Entry Point: Consider entering a short position if the price falls below the $7.200 support level.

- Target Price (TP): $7.000

- Stop Loss (SL): $7.400

### RISK MANAGEMENT & INDICATORS 💡

- Risk Management: Use a risk-reward ratio of 1:2 to manage potential losses.

- Volume Indicator: The 24-hour volume for DOT is 9.22M, and for USDT, it is 65.82M, indicating moderate trading activity.

Happy trading! 📊🚀

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