🚀 $DOT /USDT: TESTING KEY LEVELS – BREAKOUT OR PULLBACK AHEAD? ⚡
The $DOT/USDT pair is currently trading at 7.681, approaching key support and resistance zones. Traders should watch closely for a potential breakout or retracement in the coming hours.
📊 Trade Scenarios:
Entry Point: 7.681
Take Profit (TP 1): 7.900
Take Profit (TP 2): 8.150
Take Profit (TP 3): 8.400
Stop Loss (SL): 7.450
Support is found at 7.450, while resistance is at 7.900. A breakout above 7.900 could signal a continuation of bullish momentum, pushing towards 8.150 and 8.400. Conversely, a drop below 7.450 could lead to a retracement and bearish pressure.
📉 Market Outlook:
DOT is consolidating above 7.450 support, signaling potential for a move toward 7.900 resistance. A successful breakout above 7.900 confirms bullish momentum, while a failure to hold support could signal further downside.
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