šŸš€ Technical Analysis: $DOT /USDT

Current Price: $7.470 (+2.72%)

Timeframe: 30-min chart (Binance)

šŸŽÆ Key Targets:

1. Target 1 (Immediate Resistance): $7.55

A breakout above this level could signal bullish momentum and attract intraday traders.

2. Target 2 (Mid-Term Resistance): $7.65

Sustained buying pressure could push the price toward this mid-term resistance, making it a good zone for partial profit-taking.

3. Target 3 (Major Resistance): $7.80

A move above this psychological level could confirm a strong bullish trend and open the path for further upside.

šŸ”» Support Zones:

Immediate Support: $7.40

Holding this level is critical to maintain bullish sentiment in the short term.

Critical Support: $7.25

A breach below this level may invalidate the bullish setup and lead to further downside.

šŸ“ˆ Strategy:

Entry Zone: Consider entries near $7.40ā€“$7.45 or after a breakout confirmation above $7.55.

Profit Zones: Secure profits at $7.55, $7.65, and $7.80.

Stop Loss: Place below $7.25 to minimize downside risks.

šŸ” Insights:

Trend: Consolidating near key resistance with potential for breakout.

Volume Analysis: Increased trading volume could confirm momentum above $7.55.

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