🚀 Technical Analysis: $DOT
/USDT – Bullish Momentum Continues!
🔹 Current Price: $7.33 (+18.46% in 24h)
🔹 1-Hour Trend: +1.85%
DOT/USDT has shown strong bullish movement in the past 24 hours, breaking past key resistance levels and setting a positive tone for the upcoming trading sessions.
Key Support & Resistance Levels:
1. Target 1 - $7.50:
The next immediate resistance sits at $7.50. A successful push past this level could signal a continuation of the upward momentum toward the next significant targets.
2. Target 2 - $7.80:
If the market continues to favor the bulls, we could see DOT aiming for $7.80, a level that aligns with previous highs in the uptrend. A breakthrough here would indicate a strong trend continuation.
3. Target 3 - $8.00:
The $8.00 mark represents a critical psychological resistance level. If DOT can clear this area, it may trigger a wave of buying activity, pushing the price further towards $8.20 and beyond.
Short-term Support:
$7.00 and $6.80 are critical support levels to watch. A drop below these levels may indicate a bearish reversal.
📊 Volume Insights: With 24h volume at 163.30M USDT, strong participation signals that the upward trend is backed by significant market interest.