๐ Analysis of DOT on the Weekly Frame
The $DOT coin is currently oscillating at the lower limit of the weekly channel, testing a vital support area that has always been a historical launch point for the coin ๐
This level has proven its worth repeatedly, as it has always been a launch point for strong upward movements. The question is: Will it do it again? ๐ง
๐ If the rebound is confirmed from here, we might see targeting the following levels:
$4.30 as the first resistance
$7.00 as a medium target
$10.50 as an extended target ๐ฏ
The technical indicators suggest the beginning of a consolidation, and breaking the small pattern upwards could trigger a new upward wave.
Watch the price closely... these areas are overflowing with golden opportunities! ๐ข
