Big news for #DOT


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#DOT move in a wedge pattern. A positive divergence has also been formed. The possibility of its growth is high.

#DOT

The downward channel of the price and the excellent reactions that the price has shown to the midline of the channel, but considering the strong downward trend that exists, there is a possibility of falling to the support area of ​​$4.5-4.40.

#DOT

The price reached the region of $4.5-4.40. It is now expected that the price will fall to the bottom of the channel after the retracement.

#DOT

Reaching the resistance zone and not crossing it. There is a possibility that the price will fall to the support area.

#DOT/USDT

It is moving in a descending channel, which has now reached its ceiling. It is also facing resistance and there is a possibility of the price falling to the bottom of the channel.

#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.

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 ) .

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.

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

#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.

#DOT
Entry: $7.58 Levels!

Accumulation DOT at these Levels, we will keep you posted with targets and other buy zones

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Stay tuned for more such Trades!

#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.