đš $DOT /USDT Update: Testing Support Levels! đš
$DOT is trading at 8.853, showing slight consolidation after testing key resistance levels. The chart suggests a potential bounce or further decline based on these critical zones.
đĄ Key Levels to Monitor:
âą Resistance: 9.101, 9.517, 10.500
âą Support: 8.811, 8.799, 8.500
đ Trade Setup:
âą Long Entry: Above 9.101, targeting 9.517 and 10.500.
âą Short Entry: Below 8.799, aiming for 8.500 and lower.
âą Stop Loss: Set stops at 8.850 for longs and 8.900 for shorts.
â ïž Note: $DOT is consolidating near its moving average, indicating a possible breakout or breakdown. Stay vigilant and adjust your trades accordingly.