$DOT / USDT – Bull Run Confirmed! 💯🔥
Current Price: $7.429 (+8.09%)
Technical Overview: $DOT /USDT has broken through a significant resistance zone at $7.135 (marked in purple), confirming bullish momentum. This breakout is supported by strong price action, indicating further upside potential.
Entry Zone: The current price range of $7.37–$7.40 presents an optimal buying opportunity for momentum traders looking to capitalize on the breakout.
Targets:
First Target (T1): $7.87
Second Target (T2): $8.00
Stop Loss: $7.13 (placed just below the breakout zone to mitigate risk)
Recommendation:
Secure partial profits near T1 ($7.87) to lock in gains.
Trail your stop loss above the entry price once T1 is hit to protect against downside risk.
Keep an eye on broader market conditions for sustained bullish momentum.
Short-term and swing traders should consider taking profits quickly, while long-term holders may opt to ride the breakout for larger gains.
Risk Management Reminder: Always prioritize risk management to ensure sustainable profitability.
#BinanceLabsBacksUsual #MicroStrategyInNasdaq100 #MicroStrategyInNasdaq100 #ChristmasMarketAnalysis