Slight Dip Move Short-term 💯💥$DOT

/USDT Technical Analysis & Trade Signal💯💯🎯📈

Current Price: 6.897

24h High: 7.312

24h Low: 6.815

Volume: 6.19M DOT / 43.55M USDT

Market Observations

Price Change: DOT has dropped -1.91% in the last 24 hours.

The price is trading near the middle of the 24h range, indicating potential for either a bounce or further downside.

Resistance: 7.312 (24h high) is the key resistance level.

Support: 6.815 is the critical support level.

Trade Signal

Buy Zone: 6.815–6.89 (watch for a potential bounce near 6.815).

Stop Loss: 6.75 (below the 24h low of 6.815).

Targets 🎯:

1. 7.00 (first resistance level)

2. 7.20 (mid-range resistance)

3. 7.312 (key resistance, 24h high)

Momentum Outlook:

Short-Term: If DOT holds above 6.815, a bounce to 7.00 and 7.20 is likely.

Mid-Term: A break above 7.312 could signal a bullish continuation with targets toward 7.50+.

Consider entering around 6.815–6.89 with targets at 7.00, 7.20, and 7.312. If the price drops below 6.75, reassess for a potential downside.

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