Post Title:
DOT - FET - SOL: Will they hold at monthly support? Your opinion?
Hello Traders!
Let's analyze together:
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1. DOT (Polkadot)
Current Price: $4.00
Is at historical support (2020–2022 bounce level)
If it holds at $3.80–$4.00, it could be a good entry point for the long term
Next support on breakdown is $3.00–$3.20
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2. FET (Fetch.ai)
Current Price: $0.73
Has been rapidly going up in recent days but is now in retracement
If it holds at $0.65–$0.70, it could head back to $0.85–$1
On breakdown, support at $0.50–$0.55
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3. SOL (Solana)
Current Price: $150.70
Weekly support was at $120–$125, which has now broken
If it holds at $145–$150, the next bounce could be possible to $165–$170
On a drop, $120 could be retested
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My initial analysis:
DOT: Long-term buy (DCA) could be possible at $4
FET: Risk/reward is reasonable at $0.70 after retracement
SOL: Is at high volume zone, but the risk of a drop remains
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Now I am looking at both monthly and weekly charts in more depth. What’s your opinion?
Will all three coins hold at this zone or will we see further downward prices?
Give your advice in the comments so we all can learn!
#CryptoAnalysis #WaqarZaka #P2PTrading #DOT #FET #SOL #MonthlySupport #CryptoCommunity
