TURNING LEVEL - 4H LONG UPWARD ZONE DOWNWARD ZONe
DOT/TETHERUS Binance
DOTUSDT / 4H TIME FRAME
Tendency, prices is under upward pressure, until trading above turning level at 4.544
Upward Condition: The price is currently experiencing bullish momentum. As long as it remains above the 4.544 turning level, it is likely to move upward toward the resistance levels of 4.881 and then 5.370.
Downward Condition: To reach the 4.255 support level (1), the price needs to first break the turning level by closing a 4-hour candle below 4.544. If it stabilizes below support level (1), a further decline toward support level (2) at 3.894 can be anticipated.
TARGET UPWARD ZONE:
RESISTANCE LEVEL (1): 4.881.
RESISTANCE LEVEL (2): 5.370.
