DOT/USDT trading chart on Binance with a 1-minute timeframe.
$DOT Key Signals:
Price: $4.715 (+4.04%) – indicating an upward movement.
Moving Averages (MA):
✅MA(7) = 4.710 (short-term bullish crossover)
✅MA(25) = 4.699 (support level)
✅MA(99) = 4.726 (resistance level)
Trend:
The price is approaching the MA(99), which acts as resistance.
Short-term moving averages are trending up, showing potential bullish momentum.
Volume:
24h trading volume is relatively high (9.24M DOT, 43.44M USDT), indicating strong market activity.
If the price breaks above MA(99) ($4.726), a further upward trend is possible.
If rejected at MA(99), the price may consolidate or pull back.
Keep an eye on volume and resistance levels for confirmation.
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