Analysis of Currency $DOT as of today 21/08/2025

Daily Time Frame (Daily)

🔹 General Situation:

The DOT currency is currently trading around $4.03 after a strong rebound from an important support level at $3.73.

This indicates the possibility of the beginning of a short-term upward wave if the price can hold above $4.00.

🔸 Key Resistance Areas:

$4.20: The first nearby resistance, breaking it may open the way for further upward movement.

$4.50 – $4.60: A stronger resistance at the medium term.

$4.80: A clear ceiling that may define a larger reversal or continuation of an upward trend.

🔸 Key Support Areas:

$3.73: A major and critical support (today's low).

$3.60: Deeper support in case momentum is lost.

📌 The daily trend is tilted towards an upward rebound provided the price remains above $3.73.

2. Hourly Time Frame (1H)

🔹 The price is currently moving in a short-term upward channel after a strong rebound.

Potential entry point: In case of a retest of support at $3.95 – $4.00 and its stability.

First target: $4.20

Second target: $4.35 – $4.50

🔸 Stop Loss: Below $3.90 or below $3.85 for safety.

3. 5-Minute Time Frame (Scalping)

🔹 The price shows a strong rebound with high trading volume.

A slight correction can be awaited to retest $4.00 – $4.02.

Entry after a reversal candle (Hammer or Engulfing) with good trading volume.

Quick target: $4.07 – $4.10 (approximately +2%).

Stop Loss: Below $3.98.

✅ Summary:

The short-term trend leans towards rising after the rebound from $3.73.

Upcoming key resistances: $4.20 – $4.50.

The bullish scenario remains valid as long as the price is above $3.90.