DOT/USDT Strong Buy Signal – May 21, 2025
Current Price: $4.729
Time Frame: 4H Chart
Change: +1.87%
Support: $4.412
Resistance: $4.737 (24h High)
Technical Overview:
DOT/USDT has shown a strong bullish momentum in the recent 4-hour candle, suggesting a potential continuation of the upward trend:
Parabolic SAR is flipping below the candles, confirming a bullish reversal from the $4.412 low.
MACD is crossing above the signal line with a positive histogram, indicating increasing bullish momentum.
RSI (6) at 67.14 is approaching overbought territory, but still has room to grow, supporting further upside.
Stochastic (K: 74.4, D: 58.77, J: 105.66) indicates a strong bullish crossover with momentum.
Volume is increasing steadily, confirming strength behind the move.
Signal: STRONG BUY
Entry Zone: $4.70–$4.74
Short-Term Target: $4.84
Medium-Term Target: $5.00
Stop Loss: $4.59 (below last support)
Conclusion:
The DOT/USDT pair is showing clear signs of a bullish breakout. Momentum indicators and volume support an upward continuation. Short-term traders may consider entering on minor pullbacks, while medium-term holders can aim for $5.00 as the next key level.
