COIN NAME- #DOT_UPDATE
SIGNAL TYPE- LONG
This analysis highlights that DOT/USDT is trading at a critical support level, aligning with the Golden Fibonacci Ratio, a key retracement zone. The price has been moving within a downward channel, but the stronghold at this support indicates a potential bullish reversal. Traders are encouraged to start building long positions, anticipating a significant rally. The Trend-Based Golden 1:1 Ratio projects a target price of $14, representing a 100% increase from current levels. This setup suggests a high-probability bullish opportunity for DOT in the near term.
BTC Dominance has been rejected from the resistance line. Also, close the daily candle below it. We are insanely insanely bullish on Altcoins now.
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Trade Details:
Entry: Around 6.7 ( Join my Binance live for premium crypto signals )
TP: 14.01
SL: 5.9
$DOT
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