$DOT DOT/USDT Trading Signal - Testing Key Resistance Levels

Current Price: $7.770

EMA Trends:

EMA(7): $7.768

EMA(25): $7.751

EMA(99): $7.625

Observation:

DOT/USDT is consolidating near its resistance zone after reaching a 24-hour high of $7.988. The price is holding above EMA(25) and EMA(99), signaling bullish momentum. However, a breakout above $7.800 is needed to confirm further upward movement.

Potential Strategy:

Entry Range: $7.750 - $7.780

Targets:

Target 1: $7.850 (Immediate Resistance)

Target 2: $8.000 (24h High Retest)

Stop Loss: $7.650

Key Insights:

DOT/USDT remains bullish as long as it holds above EMA(25). A breakout above $7.850 could push the price to retest $8.000. Secure partial profits at Target 1 and trail stop-loss after achieving the first target to minimize risk.

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