๐จ๐ฅ๐๐๐ ๐๐๐๐๐: ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐๐% ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐๐๐ฅ๐ฅ๐ฒ ๐๐ง๐๐จ๐ฆ๐ข๐ง๐ !๐ธ
๐ Coin Name: $DOT /USDT
๐ Signal Type: Long
The DOT/USDT pair is currently showing strong bullish momentum, trading at $7.026 and hovering near a key support zone. An ascending trendline adds further reinforcement, signaling a high-probability upward breakout. The technical setup suggests a potential target of $8.514, which could result in an impressive gain of 120.90% from the current level. Momentum indicators like the RSI are climbing, reinforcing the possibility of a trend continuation. With this setup, a decisive breakout from the consolidation phase could propel prices toward the highlighted resistance area. Keep a close eye on volume spikes and RSI movements for confirmation before entering a long trade.
๐ 4-Hour Timeframe (4H TF): Bitcoin Dominance (BTC.D) is sitting at 58.23% and struggling to hold above the 58.8% resistance. A dip to the 55% support zone appears likely, paving the way for a stronger altcoin rally. The declining BTC.D metric signals a favorable environment for altcoins, making DOT a prime candidate for significant gains.
Trade Setup:
Entry Range: ~$7.0
Take Profit (TP): $15.5
Stop Loss (SL): $6.0
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