š $DOT /USDT Technical Analysis (Binance)
Current Price: $6.962
Price Movement: Slight correction after testing resistance at $7.00.
šÆ Targets:
1ļøā£ Target 1 (Achieved): $7.00 ā A key psychological resistance tested earlier. Profit booking observed.
2ļøā£ Target 2: $7.20 ā Immediate resistance level with potential breakout momentum if volume supports.
3ļøā£ Target 3: $7.50 ā Longer-term bullish target contingent on breaking $7.20 resistance and maintaining bullish sentiment.
šØ 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.