$DOT
📊 DOT/USDT Price Analysis: Key Levels & Entry Strategy 🔑
DOT is currently trading at $7.057, showing a recovery of +0.30% on the 15-minute chart. The price has broken above the critical $7.00 resistance, hinting at bullish momentum but is facing rejection near $7.10–$7.20.
Support Zone: Strong support lies at $6.95–$6.97, where buyers previously stepped in, fueling the current uptrend. If this level holds, it could act as a launchpad for further gains.
Resistance Zone: Immediate resistance is at $7.10, and a breakout above this level could push the price toward $7.20+.
Entry Strategy:
Bullish Entry: Enter on a confirmed breakout above $7.10, targeting $7.20–$7.30. Tight stop-loss below $7.00.
Bearish Entry: Short positions can be considered if the price breaks below $7.00, targeting $6.95–$6.90.
With trading volumes surging to over $79.95M, DOT is at a decisive point. Keep an eye on these key levels for potential moves. 🚀 Will DOT break resistance or retrace? Let the market tell its story!
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