$DOT is trading around its 25 and 99-period MAs, indicating consolidation. A break above $6.40 could signal bullish continuation, while failure may result in further retracement. The MACD histogram is turning positive, suggesting a potential bullish crossover. If momentum strengthens, we may see further upward movement.
Support & Resistance Levels
Immediate Resistance: $6.40 - $6.50
Major Resistance: $6.60 - $6.80
Immediate Support: $6.25
Major Support: $6.10 - $6.00
A break above $6.50 could push DOT toward $6.80, while failure to hold $6.25 might lead to a decline toward $6.00.
Bullish bias as DOT is rebounding from support.
Key breakout level: $6.50.
If volume increases, DOT could rally toward $6.80 - $7.00.
If DOT fails to break $6.50, it may test $6.10 - $6.00 support again.
