$DOT /USDT Momentum Building for a Breakout
$DOT is trading at $7.625, showing a solid +4.18% gain in the last 24 hours, with buyers driving the price to a high of $7.635.
Key Levels to Watch:
Support: $7.500 ā Holds as a base for any pullbacks.
Resistance: $7.800 ā A breakout above this could trigger further bullish moves.
šÆ Trade Setup:
For Bulls: Enter on dips near $7.500, targeting $7.800 and $8.000. Stop-loss at $7.450.
For Bears: Short below $7.500, aiming for $7.300. Stop-loss at $7.650.
The RSI at 86.00 signals caution as overbought levels may lead to corrections. Stay alert for decisive moves!