COIN NAME- #Dotusdt
SIGNAL TYPE- LONG
The chart shows DOT/USDT in a bullish setup, indicating a potential strong upward move. Currently, the price is trading at $7.026, near a support level, with a visible ascending trendline providing further support. The projection on the chart highlights a potential target of $8.514, representing a 120.90% gain from the current price level. The RSI indicator is moving upwards, suggesting improving momentum. The price will likely break out from the consolidation phase and head toward the marked resistance zone. Traders should monitor the volume and RSI for confirmation before entering long positions.
The chart shows Bitcoin dominance (BTC.D) at 58.23%, suggesting a bearish trend. It failed to sustain resistance above 58.8% and might drop to the 55% support zone for consolidation. that means We are insanely bullish on Altcoins now.
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Trade Details:
Entry: Around 7.0 ( Join my Binance live for premium crypto signals )
TP: 15.5
SL: 6.0
$DOT
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