$DOT /USDT is currently trading at $7.961 on the 15-minute chart, showing a robust 29.36% increase in the last 24 hours. The immediate resistance level to watch is $8.029, while support lies at $7.800.
Traders looking to enter can consider the current price as a solid entry point, with take-profit levels set at $8.000, $8.050, and $8.100. To mitigate risk, a stop-loss should be placed at $7.750. The RSI at 79 indicates overbought conditions, signaling potential consolidation or a minor pullback before another push upward.
Tight risk management is essential as the price tests its resistance levels. Keep an eye on volume and market sentiment for confirmation of the next move.