$DOT / USDT โ€“ Technical Analysis๐Ÿ“Œ๐Ÿ“Œ

Trend: Range-bound with a recent bullish push. Price is making higher lows, suggesting short-term strength.

Key Resistance: $1.34โ€“1.36 zone (marked supply)

โ†’ Previous strong rejection area, not yet retested cleanly

Current Price Action:

Momentum pushing upward toward resistance

Structure shifting slightly bullish on lower timeframe

RSI (14): ~68

Near overbought โ†’ bullish momentum strong

But approaching exhaustion zone โ†’ breakout needs strength

Scenarios:

Bullish breakout:

Break and hold above $1.36 โ†’ continuation toward $1.40+

Rejection:

Failure at supply โ†’ pullback toward $1.26โ€“1.24 support,โ—โ—๐Ÿ“Œ๐Ÿ“Œ

$DOT

DOT
DOTUSDT
1.22
-0.81%

$BTC

BTC
BTCUSDT
76,611.2
-1.33%

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