$DOT



Technical Indicators

  1. Moving Average (MA 200, SMA, 9):

    • The price is trading above the 200 MA at 8.588, confirming a bullish short-term trend.

    • The MA is acting as a strong dynamic support, and the price has consistently bounced above this level.

  2. RSI (14, SMA):

    • The RSI is at 67.67, approaching overbought conditions. This indicates strong momentum but may also lead to a pullback or consolidation in the near term.

  3. MACD (12, 26, close, 9):

    • The MACD histogram is showing positive momentum, with the MACD line (0.136) above the signal line (0.093). This supports the continuation of bullish sentiment.

    • The histogram, however, indicates a slight slowing of momentum, warranting caution.

  4. Volume (SMA, 9):

    • Volume has decreased slightly during the recent push, suggesting reduced participation as the price approaches resistance.

Chart Observations

  1. Support Zone:

    • Immediate support lies in the 8.800–8.900 range, which acted as the previous consolidation zone.

    • The 200 MA at 8.588 provides a robust dynamic support level, and a breakdown below this may signal a shift in short-term sentiment.

  2. Resistance Zone:

    • The price is facing resistance at 9.200–9.300, which aligns with the consolidation region highlighted in the second chart.

    • Breaking this resistance could open the door to test the psychological level of 10.000.

  3. Price Pattern:

    • The chart indicates a breakout attempt from a sideways consolidation range. The higher lows and current breakout hint at bullish continuation if volume supports the move.



DOT/USDT is consolidating near the 9.200 resistance level with bullish momentum still intact. A breakout above this level could signal further upside, while a breakdown below 8.800 might lead to a deeper correction. Traders should monitor RSI levels and volume to assess the sustainability of the current trend.