Spot analysis $DOT – trading at $3.23 with RSI Stochastic 75.98 being overbought, then the EMA 50-day support level at $3.30 corresponds to a bearish trend

The bullish engulfing pattern and aligning with the local low may reverse the sine wave, potentially supporting Fibonacci 61.8% at $3.17 for a BTD opportunity.

Fundamentally, $DOT will help enhance the development of the parachain, boosting the operational capacity of $XRP ETF and Bitcoin

DOTUSDT

Perp

3.084

-2.77%