#DOT is currently testing the resistance of the $5.10-$5.25 area. If the price manages to break above the upper limit of this range at $5.25, it would indicate a bullish trend and may push the price towards the next level of resistance at $5.85-$6.05.
If you are currently holding long positions, it may be wise to increase your stop loss in order to protect your profits in case of a market reversal. Holding onto your trades during this period of resistance testing may also be a viable strategy, as it allows you to benefit from any potential upward momentum in the market.
