$DOT 📉 DOT/USDT Market Update – Binance (15-Minute Chart)
📅 Date: Feb 11, 2025 – 15:29 UTC
🔍 Pair: DOT/USDT
📊 Timeframe: 15-Minute
⚡ Trend: Attempting Recovery After Pullback
💰 Current Price: $4.98 (+2.89%)
📊 Volume: 1.89K
📉 Market Sentiment: Testing support after recent drop
📍 Key Levels
🔼 Resistance: $5.02 | $5.10
🔽 Support: $4.91 | $4.85
📊 Indicators & Analysis
✅ Moving Averages:
Price attempting recovery but facing resistance at $5.02.
Holding above 200-MA support; bullish if sustained.
✅ RSI (Relative Strength Index):
42.60 – Neutral zone, recovering from oversold levels.
42.13 – Key support for RSI to hold bullish momentum.
✅ ADX (Trend Strength Indicator):
White: 40.93 (Strong trend forming)
Red: 28.07 (Bearish pressure still present)
Green: 11.46 (Weak bullish push)
📈 Trade Strategy
🟢 Long (Buy) Setup – If Support Holds:
Entry: $4.95 - $4.98
Stop-Loss: $4.88
Take-Profit: $5.10 - $5.15
🔴 Short (Sell) Setup – If Rejected Below $5.02:
Entry: $5.00 - $5.02
Stop-Loss: $5.08
Take-Profit: $4.85 - $4.90
⏳ Trade Duration
⏱ Short-Term: 15-30 Minutes
📢 Conclusion:
Trend: Recovering but facing resistance at $5.02.
Strategy: Watch for price action near support & resistance before entering trades.
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