$DOT Breaking Key Resistance – Will it Continue the Rally?
DOT has been showing strong momentum, currently trading at $4.215, up 2.93%. As it approaches a key resistance level, we’re watching for a potential breakout or reversal.
Key Levels to Watch:
• Resistance: $4.30 - A breakout above this could drive DOT towards $4.40 and $4.50.
• Support: $4.20 - A drop below this could push DOT back to test $4.10 and $4.00.
Trade Setup - Anticipate the Next Move:
• Bullish Entry: A confirmed move above $4.30 could target:
• Tip 1: $4.40
• Tip 2: $4.50
• Bearish Entry: A break below $4.20 could target:
• Tip 1: $4.10
• Tip 2: $4.00
Monitor price action closely for any signs of a breakout or reversal.