DOT Trading Strategy

Market Analysis

Current DOT price $8.714, 24-hour highest price $9.259, lowest price $8.587, decline -3.68%.

4-hour chart shows:

• Moving Average System: MA7 ($8.884) and MA25 ($8.863) are converging, with a slight rebound trend, MA99 ($9.480) still constitutes strong resistance.

• MACD Indicator: DIF and DEA are below the zero axis, momentum bars are flattening, and the short-term market is entering a consolidation phase.

• Trading Volume: Trading volume has decreased, and market sentiment is more cautious.

Technical Analysis and Key Levels

• Support Levels: $8.466 / $8.300 / $7.500

• Resistance Levels: $8.900 / $9.259 / $9.480

Short-term Contract Strategy

Long Position Strategy:

• Initial Opening: Around $8.500 (Position 30%)

• Add Position Point: $8.300 (Position 20%)

• Stop Loss Level: $8.150

• Take Profit Targets: $8.900 / $9.200 / $9.480

Short Position Strategy:

• Initial Opening: Around $9.200 (Position 30%)

• Add Position Point: $9.480 (Position 20%)

• Stop Loss Level: $9.650

• Take Profit Targets: $8.800 / $8.500 / $8.300

DOT currently has support at around $8.500, and if the volume increases in the short term, there is a chance the price could rebound to $9.200. However, if it breaks below $8.466, it may further test the bottom at $8.300.

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