$DOT /USDT ALERT: Testing Key Levels – Major Move Incoming $DOT is currently trading at $7.83, recovering from a low of $7.60 and showing bullish momentum. The price is approaching critical resistance, indicating a potential breakout.
Key Levels to Watch:
Resistance 1: $7.90
Resistance 2: $8.05
Resistance 3: $8.20
Trade Setup:
Long Entry: Above $7.85
Take Profit (TP):
1. $7.95
2. $8.05
3. $8.15
Stop-loss: $7.70
Market Insight:
DOT/USDT is gaining strength, with RSI nearing bullish levels and MACD indicating upward momentum. A breakout above $7.90 could drive the price toward $8.20. However, failure to hold $7.70 may lead to a retest of lower support levels.
Watch for volume confirmation to capitalize on this potential move.