🚨 $DOT ALERT: Testing Resistance with Momentum! 🚨
DOT is trading at 9.291, up 1.54%, approaching resistance at 9.517. A breakout above this level could target 9.80, 10.00, and 10.50, while support lies at 9.00. A drop below may lead to 8.80 or 8.50.
Trade Setup:
Long Entry: Above 9.50, targeting 9.80, with a stop loss at 9.00.
Short Entry: Below 9.00, targeting 8.80, with a stop loss at 9.20.
DOT shows signs of bullish recovery but faces resistance near the recent high. Monitor for a confirmed breakout or rejection. Manage risks effectively!