The DOT/USDT weekly chart demonstrates a bullish breakout from a descending trendline, confirming a shift in momentum. The stochastic RSI at 90.72 indicates overbought conditions, suggesting strong buying pressure. The RSI divergence indicator at 63.68 highlights bullish divergence, signaling potential upward momentum. Support near the retest zone of $7.06 has been successfully held, validating accumulation at lower levels. Bollinger Bands suggest expanded volatility, aligning with an upward price breakout. The chart projects a target of $59.76, aligning with historical resistance and the broader upward trend, reinforcing bullish sentiment for DOT.
The TOTAL3 daily chart displays a cup-and-handle pattern, a strong bullish signal, with a successful retest at the $1.02T support level. Stochastic RSI at 20.97 suggests oversold conditions, favoring upward momentum. The RSI Divergence Indicator at 64.58 confirms bullish strength. Bollinger Bands indicate increased volatility, supporting potential for a breakout. The projected upside target aligns near $2T, highlighting sustained bullish sentiment.
The USDT Dominance chart on the daily timeframe shows a clear head-and-shoulders pattern, signaling bearish momentum ahead. The neckline at 3.96% is retesting, with potential downside toward 2%. Stochastic RSI is at 69.24, hinting at overbought conditions. RSI Divergence Indicator at 42.46 shows weakening momentum. This bearish dominance supports bullish trends in altcoins like DOT, enhancing their upward potential.
The "Others" chart on the daily timeframe highlights a rounded bottom pattern, signaling strong bullish momentum. The breakout above the neckline near $395.87B confirms a bullish trend continuation. Stochastic RSI at 24.75 indicates upward momentum is building, while RSI Divergence at 63.10 confirms increasing strength. This supports bullish sentiment for altcoins, including DOT.
The BTC Dominance chart on the daily timeframe is showing a potential bearish breakdown from its ascending channel. Stochastic RSI at 88.36 indicates overbought conditions, suggesting a possible reversal. RSI Divergence at 41.83 supports a bearish divergence. A breakdown in BTC dominance could trigger bullish momentum for altcoins like DOT.
The DOT/USDT liquidation heatmap reveals significant liquidity at $11, suggesting potential resistance. Accumulated leverage liquidations near $9 indicate recent buyer interest. This aligns with improving price action, supporting bullish sentiment for DOT as it recovers from oversold levels.
Entry: 7.196 or Market Price
1st Tp: 16.498
2nd Tp: 25.229
3rd Tp : 58.998
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