📊NEUTRAL: $DOT (1D)
Current Price $6.48
Market Cap $8.93B
Change 1h -0.72% | 24h +1.46%
Daily Indicators:
• RSI: 40 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 6.93 - Below 🔴
Analysis: DOTUSDT is showing a strong bullish trend with consistent higher highs and higher lows. It's currently retracing about 50% from the last high, suggesting a potential for buyers to hold the support level. If this happens, we might witness a new high soon.
Price Targets: The immediate support level is around $6.50. If the bullish trend continues, we could see a rise to the resistance levels of $11.50 and potentially $12.50, aligning with the previous 80% rally. Buyers should watch for breakout signals above these levels.
