Target Achieved: $DOT /USDT š
š¹ Current Price: $7.086 (-0.39%)
š¹ Previous Targets:
Target 1: $6.80 ā
Target 2: $7.00 ā
Target 3: $7.20 (Resistance observed)
š” Next Potential Target: $7.40
š¹ DOT/USDT has shown strong bullish momentum, recovering significantly from recent lows. The price is consolidating around $7.00, suggesting potential for a breakout above $7.20 to test $7.40.
š Technical Overview:
The 30m chart indicates a clear upward trend, with $7.00 acting as immediate support. A breakout above $7.20 resistance will likely propel the price toward $7.40, reinforcing bullish sentiment.
Trading Strategy:
Short-term traders: Secure partial profits at $7.20 and set stop-loss at $7.00.
Long-term traders: Hold positions for a potential rally to $7.40, monitoring $7.00 as a key support level.