$DOT $DOT

📌Based on the current trading data for DOT/USDT:

  • Current Price: $5.667

  • 24h High: $6.147

  • 24h Low: $5.260

  • 24h Volume (DOT): 24.34M

  • 24h Volume (USDT): 137.50M

  • Moving Averages (5 and 10 periods):

    • MA (5): 636,826.13

    • MA (10): 1,182,938.10

Setting Targets and Stop-Loss for DOT/USDT

Target Levels:

  1. Primary Target: Around $6.147 (24h high). This is the immediate resistance level.

  2. Secondary Target: If the price breaks above $6.147, the next target could be $6.212, which might act as a strong resistance zone.

Stop-Loss Levels:

  1. Conservative Stop: Place it slightly below the 24-hour low ($5.260) or at $5.300 to provide a buffer.

  2. Moderate Stop: Around $5.566 (recent support from price action), depending on risk tolerance.

Risk-Reward Ratio:

  • If your target is $6.147 and stop-loss is at $5.566:

    • Risk: $5.667 - $5.566 = $0.101

    • Reward: $6.147 - $5.667 = $0.480

    • Risk-to-Reward Ratio: ~1:4.8 (favorable).

Trailing Stop:

  • As DOT/USDT gains momentum, set a trailing stop to secure profits. For example, you can adjust the stop-loss $0.10 below each new high reached

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