#DOT has reached the ceiling of the ascending channel and reacted to it and failed to break through it. It is possible to reduce the price to $6.8 at first.
#DOT has once again reached the important support of $4.30 - 4.18. If the price fails to hold this support, the next support for the price is the $3.63 range.
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The price of #DOT broke the support of $7.500 and fell to the support of $6.530, but it reached the top of the first support again , so the support of $7.500 is still valid, and if it broken, the price will fall to the support ( $6.530 ) .
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The price of #DOT started to decline after the completion of the descending harmonic pattern and is expected to continue to decline until the support level of $6.300 to $6.530.
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The price of #DOT moves in an ascending channel in the 4-hour time frame. The trend was not strong and could not break the resistance level of $7.500-$7.700.
Now, the price has reached the bottom of the channel. According to the current situation of the market, we can expect the price to drop to the support area of $6.500
If the bottom of the channel can support the price and the price does not break out of the channel, the price will return to the resistance level
Now, the price has reached the bottom of the channel. According to the current situation of the market, we can expect the price to drop to the support area of $6.500
If the bottom of the channel can support the price and the price does not break out of the channel, the price will return to the resistance level
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#DOT has been one of the standout performers, showing remarkable resilience during the recent market correction. The asset has been navigating a falling wedge pattern . Currently, #DOTUSDT is aiming to retest the upper resistance of the pattern .
A bullish breakout is promising, but a successful retest will reinforce and confirm this breakout.
If the price falls back into the wedge, it’s likely to retest its support at $4.850. This level will be a key indicator of DOT's strength, and a failure to hold here could signify a potential decline.
Should the macro market sentiment turn bearish with significant selling pressure, the price might revisit its liquidity-packed area and strong medium-term support between $4.0 and $3.7 . This zone is critical as it has historically provided substantial support.
The overall market sentiment and Bitcoin's movement will significantly influence price action, so keep a close eye on these factors.
A bullish breakout is promising, but a successful retest will reinforce and confirm this breakout.
If the price falls back into the wedge, it’s likely to retest its support at $4.850. This level will be a key indicator of DOT's strength, and a failure to hold here could signify a potential decline.
Should the macro market sentiment turn bearish with significant selling pressure, the price might revisit its liquidity-packed area and strong medium-term support between $4.0 and $3.7 . This zone is critical as it has historically provided substantial support.
The overall market sentiment and Bitcoin's movement will significantly influence price action, so keep a close eye on these factors.
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Technical CRYPTO Analyst
#DOTUSDT 💢 shows that it is ready for an upward movement after the sharp drop it had and the correction movement it made recently. But its corrective movement is not over yet and we expect the 3.822-3.812 range to fall. And after that, it can move upwards…
#DOT 💢 It's really great, the analysis we did yesterday and the price reached exactly the limit we wanted and grew by 8% from there.
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Technical CRYPTO Analyst
#DOTUSDT 💢 shows that it is ready for an upward movement after the sharp drop it had and the correction movement it made recently. But its corrective movement is not over yet and we expect the 3.822-3.812 range to fall. And after that, it can move upwards…
#DOT 💢 According to the first analysis, it touched the range of 3.822-3.812 and then moved towards its own trend line and after breaking the trend line, it touched our first target and has gained 12% so far. enjoy friends
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#DOT
Entry: $7.58 Levels!
Accumulation DOT at these Levels, we will keep you posted with targets and other buy zones
Entry: $7.58 Levels!
Accumulation DOT at these Levels, we will keep you posted with targets and other buy zones
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#DOT/USDT has broken above the short-term descending resistance trendline after a strong bounce from the key demand zone, signaling a bullish shift. If the price sustains above $3.90, it could target the next major resistance at $5.40.
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