$DOT

DOTUSDT
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6.866
-1.43%

DOT/USDT Technical Analysis 🚀

Polkadot (DOT) is currently priced at $7.555, facing resistance after a recent dip 📉. The price is testing its crucial support level near $7.60, a key zone for buyers. If it holds, a rebound could be on the horizon.

Key Levels to Monitor:

Support: $7.60 – If this breaks, DOT could drop to $7.40, a deeper support level.

Resistance: $7.80 – Bulls need to break this to target $8.00, a significant psychological level.

Trade Strategy:

Bullish: If DOT holds above $7.60, look for a breakout above $7.80 with strong volume, aiming for $8.00–$8.10.

Bearish: A break below $7.60 could lead to further selling, with $7.40 as the next target.

DOT is at a crucial point—will the bulls defend the support or will the bears take over? 🚨 Stay alert, watch for confirmation, and trade with caution! 📊

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