📉 $DOT / USDT Short Trade Setup!📈
The 4-hour chart for $DOT / USDT provides insights into its recent performance and market activity. Here's a detailed breakdown:
🔍 Key Metrics:
Current Price: $6.3044H Change: +$0.245 (+4.04%)24H High: $6.80824H Low: $6.00024H Volume (DOT): 8.83M24H Volume (USDT): 55.94M
📊 Performance Overview:
The token shows a -6.15% decline in the past day, but the recent 4-hour rebound of +4.04% indicates a possible short-term recovery.Over the last 7 and 30 days, DOT has declined by -17.33% and -29.20%, highlighting a downtrend.Long-term metrics suggest some recovery potential with 44.71% gains over 90 days and 44.18% gains over 180 days.
⚠️ Technical Observations:
Support Level: Around $6.00Resistance Level: Near $6.60 - $6.80Price action suggests significant buying activity around $6.00, helping the price bounce back.
💬 Community Insights:
DOT appears to be in a critical zone with significant short-term recovery potential. Are you bullish or bearish? Share your strategies below! 🚀
