$DOT DOT has been trading in the mid-$2 range, showing mixed technical signals but some short-term rebound potential. Technical traders note that relatively oversold RSI conditions could support a recovery toward ~$2.40–$3.30, provided key support holds and buyers step in. �
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Recent price action shows DOT pacing the broader crypto market slightly better with modest gains while other altcoins lag. �
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Analyst Views:
Bullish Scenario: Analysts highlight that breaking above resistance zones (e.g., near $2.75–$3.30) and sustained momentum could drive DOT toward short-term upside targets. �
MEXC
Bearish/Neutral Pressure: Some technical models remain cautious, noting DOT’s struggle below longer-term moving averages and continued sideways consolidation, which keeps the trend undecided in the near term. �
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Key Levels to Watch:
📉 Support: Around ~$1.72–$1.80 (bulls must defend to avoid deeper pullbacks). �
📈 Resistance: Near $2.75, with stronger upside potential toward $3+ if momentum holds. �
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MEXC
Summary:
DOT is at a critical decision point — showing short-term rebound setups but still under pressure from broader market weakness. Analysts suggest cautious optimism: a breakout above near-term resistance could fuel more upside, while failure to hold key supports may extend the consolidation phase.
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