$DOT from what we have, made a purchase at 3.888 and sold at 4.188. In my opinion, not bad for spot.
At this stage, I see 2 possible further developments:
1 - a pullback, checking resistance at the level of 4.05-4.0 (I am placing a buy order at 4.004)
If we go even lower - I will buy more)))
2 - further growth, but there is strong resistance at the level of 4.23-4.25… I have assets that I am ready to sell, but the desired price is 4.263 (I might lower the selling price to 4.248, for example, if the resistance is really hard to break)
Considering the trend of the last couple of hours - we are stagnating, and there is a struggle between buyers and sellers) if buyers can take the initiative, then overall growth is possible up to 4.4-4.5 and there might even be FOMO, pushing the price even higher…. ah, dreams indeed🤣
Overall, I would like further growth, but we need to be ready for a drop and additional purchases)
Therefore, do your own market research, assess risks, and make decisions with a cool head;) DYOR!
And as always, I wish you good mood and profitable trades ;)
