$DOT /USDT Analysis

Current Price: $5.96

24H Change: +2.07%

Analysis:

The $DOT /USDT pair is currently in an uptrend, supported by a clear upward trendline. The recent price action has formed a bullish flag pattern, suggesting further upside potential.

Trade Recommendations:

Long Entry: $6.150 (above the flag pole)

Long Target: $6.500

Long Stop Loss: $5.650

Short Entry: $6.300 (break below the flag)

Short Target: $5.800

Short Stop Loss: $6.400

Market Outlook:

The overall market sentiment for DOT is bullish, with the potential for further price increases. However, a break below the flag support level could invalidate the bullish scenario.

Leverage:

* Long: 3x

* Short: 2x #DOT #USDT #Crypto #Trading #TechnicalAnalysis