Act quickly guy's $DOT /USDT Potential Breakout Ahead Watch These Levels #DOT is trading at $7.836, gaining momentum as it approaches resistance. The recent upward trend signals a possible breakout, with critical levels in play.
Key Levels to Watch:
Resistance 1: $7.90
Resistance 2: $8.00
Resistance 3: $8.10
Trade Setup:
Long Entry: Above $7.85
Take Profit (TP):
1. $7.95
2. $8.05
3. $8.10
Stop-loss: $7.70
Market Insight:
The RSI is nearing bullish territory, and MACD shows signs of strengthening momentum. A breakout above $7.90 could lead to a swift move toward $8.10, while failing to hold $7.70 may result in a pullback.
Keep an eye on trading volume for confirmation of direction.....