$DOT /USDT
๐งพ DOT/USDT โ Market Snapshot
Current Price: $3.82 (โ5.09%)
24h High / Low: $4.078 / $3.742
Volume (24h):
DOT: 6.19M
USDT: $24.39M
Category: Layer 1
๐ Technical Analysis
๐ป Price Action
DOT has pulled back sharply from the $4.08 region.
Price is now testing the $3.74โ$3.80 demand zone, which acted as a bounce area in May.
Short-term momentum is bearish, but a reaction here could lead to a quick rebound if support holds.
๐ Key Levels
Resistance:
$3.87 โ Minor intraday resistance
$3.95 โ Gap resistance and psychological round number
$4.08 โ 24h high and current swing ceiling
Support:
$3.80 โ Psychological and volume node
$3.74 โ Daily low and key demand
$3.60 โ Extended support zone from April
๐ก Trade Setups
1. Support Bounce
Buy: $3.75โ$3.80
Target: $3.94โ$4.05
Stop: $3.69
Ideal for short-term scalps off the current demand zone.
2. Breakout Reclaim Play
Buy: On reclaim of $4.10 with volume
Target: $4.25โ$4.40
Stop: $3.98
Requires bullish confirmation through overhead resistance.
3. Deeper Pullback Entry
Buy: $3.60โ$3.66
Target: $3.80โ$3.95
Stop: $3.48
Only if $3.74 fails with strong bearish continuation.
โ ๏ธ Notes
Volume is modest, but DOT tends to follow broader Layer 1 flows like SOL and AVAX.
Use a tight stop-loss near $3.70 if entering early.
Watch for price reaction at $3.74 โ a bullish hammer or engulfing candle would be ideal for confirmation.
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