$DOT USDT – Support at $3.28 is holding strong... The reversal candle is forming near the bottom area..

After a deep decline, $DOT is trying to recover from the support level at $3.28. The bullish engulfing candle on the 30-minute chart indicates a potential reversal.

The price is currently trading at $3.366, attempting to regain the previous breakdown area.

If the momentum continues, we may see a push towards resistance levels at $3.47 and $3.56. Failing to hold above $3.32 may invalidate the setup.

Trading Setup:

• Entry Point: $3.34 – $3.37

• Stop Loss: $3.28

• Take Profit:

• TP1: $3.47

• TP2: $3.56

Market Outlook:

A short-term bullish reversal is expected if it holds at $3.32.

The rebound targets the mid-resistance levels with a strong R:R setup.

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