$DOT
For DOT/USDT, here are the key trading signal insights:
*Entry Points:*
- *Buy Entry:* Consider buying around $4.084, with a breakout above $4.50 as a potential entry point
- *Alternative Entry:* $3.60-$3.70, a significant support zone that has historically provided strong demand
*Stop Loss:*
- *Stop Loss Level:* Set stop loss below $3.748 or $3.55-$3.60 to limit potential losses
- *Trailing Stop Loss:* Consider adjusting stop-loss levels after achieving the first target to secure profits and minimize potential losses
*Target Prices:*
- *Short-term Targets:*
- *Target 1:* $4.168
- *Target 2:* $4.318
- *Target 3:* $4.560
- *Long-term Targets:*
- $5.20-$5.40 (potential target after breakout)
- $6.00-$6.30 (extended target)
- $10 (conservative mid-term target)
*Market Sentiment:*
DOT/USDT is showing signs of potential bullishness, with indicators suggesting a buy signal. The price has formed a descending channel and is expected to break out upwards. Key levels to watch include $4.30-$4.50 (resistance zone) and $3.90-$4.00 (support zone).¹ ²