$DOT – Bullish Momentum Building
Current Price: $3.572 (+7.30%)
24h High / Low: $3.580 / $3.240
Volume (DOT): 41.76M
Volume (USDT): $140.91M
Short-Term Volume Spike: 2.41M
MA(5) / MA(10): 3.65M / 2.33M – Bullish crossover confirms strength
Technical Overview
Momentum & Volume:
Strong daily gain backed by increasing volume. MA crossover confirms active buyer pressure. Price is sitting near the day’s high, signaling potential for continuation.
Support & Resistance Levels
Resistance 1: $3.580 – 24h high, key breakout spot
Resistance 2: $3.60–$3.65 – round number and psychological barrier
Support 1: $3.522 – recent bid zone
Support 2: $3.447 – minor demand area
Support 3: $3.373 – pre-breakout high
Key Invalidator: $3.240 – move below this kills the bullish setup
Trade Ideas
Breakout Long Setup
Entry: On confirmed break and close above $3.580 (15min or 1H)
Targets: $3.60 / $3.65 / $3.70
Stop Loss: Below $3.52
Pullback Long Setup
Entry Zone: $3.44–$3.52
Target Range: $3.57–$3.65
Stop Loss: Below $3.37
Ideal if you're waiting for a dip to enter with better risk-reward.
Short Setup:
Avoid unless price drops below $3.24 with strong bearish confirmation and volume.
My View:
$DOT is moving strong with bullish momentum and rising volume, but the price is close to local highs — making it important to manage entries carefully. A breakout above $3.58 could open up more upside, while a dip to $3.44–$3.52 offers a solid pullback entry. Use trailing stops if entering late — trend remains intact.