$DOT $DOT

$DOT /USDT Trade Analysis

Current Price: $3.82

Resistance Levels:

R1: $3.839 – the recent 24-hour high, where some sellers may be present.

R2: $3.865 (MA(25)) – medium resistance, critical for any further upward movement.

R3: $4.134 (MA(99)) – strong resistance, reflecting a significant longer-term level.

Support Levels:

S1: $3.786 (MA(7)) – close support, could help stabilize minor pullbacks.

S2: $3.665 – 24-hour low, providing stronger downside support.

Trade Strategy

Entry: $3.80 to capture a good price near current support levels.

Target 1: $3.839 for a conservative target on slight price rise.

Target 2: $3.865 for extended gains if the momentum is strong.

Stop-Loss: $3.63, just below S2 to limit potential losses.

This setup targets short-term upward movement, with initial gains expected up to the first resistance level. Watch volume and price action near each target level, and move the stop-loss closer to entry after reaching Target 1 to lock in potential profits.

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