🔄 $DOT /USDT – Decision Point Near!
DOT is trading at $3.351, showing signs of indecision after a bounce from $3.330. Price is now hovering right between the short-term moving averages:
MA(7): $3.355 (resistance)
MA(25): $3.348 (support)
MA(99): $3.346 (base support)
The recent wick rejection near $3.361 signals weak bullish momentum. A break above MA(7) may trigger a short rally, while a drop below $3.348 could flip bias bearish.
Trade Setup:
Entry: $3.351
TP1: $3.365
TP2: $3.388
TP3: $3.420
SL: $3.328
Takeaway: DOT is in a tight squeeze. Watch closely for breakout confirmation before entering.
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