$DOT $DOT

🚀 DOT/USD Analysis: Key Levels at $8.366 – Is a Breakout Coming? 📊

DOT is currently trading at $8.366, hovering near critical support and resistance levels. This price point has set the stage for a potential breakout or a retracement, making it a key moment for traders to watch.

Key Levels to Watch:

Support: $8.200 – A strong level where buying pressure has emerged in the past, offering a potential entry point if the price dips.

Resistance: $8.600 – A crucial level to break for bulls, and once surpassed, DOT could rally towards $9.000+.

Trading Strategy:

1️⃣ Aggressive Entry: Buy near $8.366 with a stop loss at $8.200, targeting $8.600 as the first resistance level.

2️⃣ Conservative Entry: Wait for a confirmed breakout above $8.600, with a potential move toward $9.000 or higher.

With strong support at $8.200 and resistance at $8.600, DOT/USD is at a crossroads. A breakout above $8.600 could ignite bullish momentum, while a drop below support may signal a further retracement. Stay alert for these key levels to make your next move! 📈💥

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