Will #DOT. hits target $4.7 or $5 today❓$DOT consolidation Near Key Levels... $DOT is currently trading within a tight range, showing a minor increase of +1.58% over the past 24 hours. The price is attempting to hold above key support levels while testing resistance at the recent highs.

Current Price: $4.495

24-Hour High: $4.586

24-Hour Low: $4.378

Key Levels to Watch:

Resistance:

$4.586 – The previous high, acting as a resistance. A breakout above this level could lead to further upside potential, possibly targeting $4.60–$4.70.

Support:

$4.327 – The recent low; a breakdown below this level could signal further declines towards $4.30 or lower.

Trade Setup:

Long Entry (Buy Signal):

Entry: Look for a confirmation above $4.50, targeting resistance levels at $4.60 and beyond.

Target Price (TP): A move above $4.50 could lead to targets around $4.60–$4.65.

Stop Loss (SL): Set stop loss just below $4.30 to limit potential losses in case of a reversal.

Final Thoughts:

DOT is testing key levels of support and resistance. A breakout above $4.50 could extend the uptrend, while a fall below $4.30 could lead to a bearish move. Watch these levels closely for potential entry points.