💿 Currency / Symbol : DOT 🪙 $DOT
💼 Recommendation : SPOT Trading 🏃 Instant
💸 Buy / Entry : 2.90 – 2.92
📊 The currency is currently trading above a key support area around the level of 2.90, where buyers are showing strong defense of this range after a sharp downward wave, indicating potential for a short-term rebound towards the next resistance areas if stability above the current support continues.
💲 Targets (Take Profit) 💰
🏹 First target : 2.95
🔹 Achieving it shows the beginning of a technical rebound from the support area.
💣 Second target : 2.99
🔸 Exceeding it enhances the chances of continuing the rise towards the next resistance.
👑 Third target : 3.02
▪️ The highest target for the current wave provided it stays above the support area.
━━━ 🚨 ━━━━
🛡 Stop Loss : 2.88
🔹 Breaking this level temporarily invalidates the bullish scenario and opens the door for further declines.
📝 Currency Analysis 🔍
The DOT currency shows a clear adherence to the strong support area at 2.90, with technical indicators showing the beginning of a gradual rebound supported by repeated buying attempts from investors. Continued stability above this area will enhance the chances of a rebound towards the specified targets.
💡 Capital Management Advice:
Do not exceed 10% of capital in the trade, and start securing profits gradually from the first target.
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✍🏻 𝓓𝓻. 𝓖𝓱𝓪𝓼𝓼𝓪𝓷 👑
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