🔥🔥🔥🔥🚀 Binance Technical Analysis – $DOT /USDT 🚀
🔍 Current Price: $7.53 (+5.85%)
Looking at the DOT/USDT pair, we can spot some interesting price action that could guide traders in the upcoming hours. Let's dive into the levels to watch:
Target 1 🎯: $7.64
The immediate resistance level sits at $7.64. If the price breaks above this level, we could see momentum pushing higher, possibly aiming for the next target.
Target 2 🎯: $7.80
The next key level to monitor is $7.80. If the market shows bullish strength and breaks $7.64, $7.80 is likely to act as the next level of resistance. Keep an eye on this area for a potential breakout.
Target 3 🎯: $8.00
The ultimate resistance zone for the short term is $8.00. A break above $7.80 will open the doors for a potential surge towards this level, marking a solid bullish trend for DOT.
💡 Support Levels:
$6.93: Watch for any potential retracement to this level, as it could act as a strong support if the market decides to pull back.
Volume Insight:
With 24h volume at 67.98M USDT, the market is showing strong activity, which might support further bullish moves.
🎯 Summary:
Short-term bullish outlook for DOT/USDT.
Targets to watch: $7.64, $7.80, and $8.00.
Support: $6.93.
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