$DOT
/USDT Technical Analysis & Trade Signals
Current Price: $9.02 (+4.57%)
Key Levels
Support: $8.60 (24h low)
Resistance: $9.15 (24h high)
Technical Indicators
Moving Averages: Above 50-period MA, suggesting a bullish trend.
RSI: 63 (Moderately bullish, not yet overbought).
MACD: Bullish crossover, indicating upward momentum.
Trade Signals
Bullish: Price above $9.02 signals further upside potential. A break above $9.15 could trigger more upward movement.
Bearish: A drop below $8.60 could signal a short-term reversal.
Target Levels 🎯
1. $9.50 – First target if the price breaks above $9.15.
2. $9.80 – Next resistance level on continuation.
3. $10.00 – Psychological level if bullish momentum holds.
Trade Momentum
Bullish momentum is strong, but traders should watch resistance at $9.15 for potential breakouts.
Watch for a pullback if price fails to hold above $8.60.
Conclusion:
DOT is in a bullish trend, with upside targets at $9.50, $9.80, and $10.00. Monitor key levels for breakouts and manage risk accordingly.
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