DOT Market Reversal Signal?
Bull-bear Game Intensifies, Comprehensive Analysis of Short-term Strategies!
Key Levels Exposed, Seize This Opportunity!
Market Analysis
Currently, DOT is in an adjustment phase, the downtrend continues, but it is approaching a key support zone, and market sentiment is gradually improving. Short-term investors should pay attention to rebound opportunities near support levels, while remaining vigilant about the pullback risks posed by resistance levels.
Support and Resistance
• Support Levels: 6.90, 6.75, 6.50
• Resistance Levels: 7.30, 7.50, 7.80
Short-term Trading Strategies
1. Long Position Plan
• Entry: 7.00
• Add Position: 6.85
• Stop Loss: 6.45
• Take Profit: 7.30, 7.50, 7.80
2. Short Position Plan
• Entry: 7.30
• Add Position: 7.50
• Stop Loss: 7.85
• Take Profit: 7.00, 6.85, 6.50
My Prediction
Tending towards going long, currently DOT is close to the support zone, a rebound opportunity is expected in the short term, and low-level positioning can be attempted.
【Every day, I will share analyses of major coins and altcoins with my brothers, you can click on the coin pair tags within the article for trading, wishing my brothers and sisters abundant profits!】