Binance Technical Analysis: $DOT 💯🔥🔥🔥

/USDT - Potential Targets 🎯

The DOT/USDT pair has been showing solid upward movement, currently sitting at $9.44 (+6.82%) in the last 24 hours. Let's break down the potential targets in the near term based on current price action and market trends.

Key Levels to Watch:

1. First Target: $9.49 – This level aligns with the recent 24-hour high and could act as immediate resistance. A break above this could signal a continuation of the uptrend.

2. Second Target: $10.00 – A psychological level and resistance zone where we could see more consolidation before any further upward movement.

3. Third Target: $11.00 – If the bullish momentum persists, the next key target would be the $11.00 mark, where more substantial resistance may appear.

Support Levels:

$8.70 (24h low): This level may act as immediate support if there’s a short-term pullback.

Volume Insights:

24h Volume (DOT): 15.09M

24h Volume (USDT): 137.43M

As we continue to track price action, DOT could reach these targets if bullish momentum holds. Keep an eye on key resistance levels to gauge further potential moves.