$DOT /USDT Technical Analysis & Trade Signal
$DOT /USDT is trading at $8.996, showing bullish momentum after a strong recovery from the $8.347 support level. The price is consolidating after testing the recent high of $9.264.
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Entry Zone: $8.900 - $9.000
Targets:
1. $9.100 - Immediate resistance level.
2. $9.250 - Short-term breakout target.
3. $9.400 - Strong bullish continuation level if momentum sustains.
Stop Loss: Below $8.750 (support zone).
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Analysis Insights:
DOT shows a bullish structure with higher lows and rising volume.
A breakout above $9.100 could drive the price towards higher targets.
RSI indicates bullish strength but monitor overbought conditions near resistance.
Proper stop-loss placement is crucial to protect against retracements.