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Technical Overview:

Current Price: 9.27, up by 3.27% in the last 24 hours.

24h High: 9.669

24h Low: 8.925

24h Volume (DOT): 16.86M

24h Volume (USDT): 155.94M

Key Levels to Watch:

Support Zone: 8.925 (Recent low and potential reversal point)

Immediate Resistance: 9.669 (Critical resistance to break for a potential bullish move)

Next Target: 9.75 (A key resistance level to watch after a breakout above 9.669)

Technical Indicators:

RSI: Neutral to slightly bullish, around 55-60, showing moderate buying pressure.

MACD: The MACD line is above the signal line, indicating bullish momentum.

Bollinger Bands: The price is near the upper band, suggesting bullish continuation or possible overbought conditions.

Moving Averages (MA/EMA): Both short and long-term MAs are tilted upward, indicating a bullish trend.

Trade Strategy:

1. Target 1: 9.669 (Resistance)

Entry: After a breakout above 9.669, you can enter for a continuation towards the next resistance level at 9.75.

Stop Loss: Below 9.25 to limit downside risk.

2. Target 2: 9.75

Entry: After confirmation of bullish continuation from 9.669, aim for 9.75.

Stop Loss: Below 9.50 to manage risk effectively.

3. Target 3: 8.925 (Support)

Entry: Look for a bounce at the support level if the price retraces.

Stop Loss: Below 8.80 to protect against further downside.

Trade Setup:

Entry Zone: After a breakout above 9.669 or around 8.925 if price retraces.

Risk-Reward Ratio: Aim for a risk-reward ratio of 1:2 or higher.

Exit Strategy: Consider partial exits near 9.669 and 9.75 for secure profit-taking.

Conclusion: DOT/USDT is showing bullish momentum. Watch for a breakout above 9.669 for potential continuation toward 9.75. Alternatively, if the price pulls back to 8.925, it could offer a good entry for a rebound. Keep an eye on price action to decide the optimal entry and exit points.