$DOT 💯💯💯💯🤑🔥💰💯💯💯
/USDT Technical Analysis: January 1, 2025
Polkadot (DOT) shows promising movement on the Binance 15-min chart, signaling potential targets for traders. Here's the analysis:
Current Price: 7.083 USDT (+0.63%)
Support Levels: 7.000, 6.900
Resistance Levels: 7.200, 7.300
Targets to Watch 🎯:
1. 7.200 USDT (Short-Term)
A breakout above this level indicates bullish momentum. Watch for increased trading volume to confirm the move.
2. 7.300 USDT (Mid-Term)
Testing this resistance could validate a trend reversal. If sustained, DOT could rally further.
3. 6.900 USDT (Downside Risk)
Falling below this support may trigger a bearish trend. Traders should manage risk accordingly.
Market Performance:
Today: +1.55%
7 Days: -5.37%
30 Days: -21.77%
Trade Strategy
Bullish View: Buy above 7.200 with targets at 7.300 and beyond.
Bearish View: Sell below 6.900 with caution toward 6.800 or lower.
Stay vigilant and follow the volume for a clearer signal. Are you aiming for short-term gains or a long-term hold on DOT?