$DOT
DOT is trading near the lower end of its multi-week range. Momentum is neutral-to-bearish, but the price is sitting close to a major support cluster.
Support Levels
Support 1: $2.05 – Immediate support, recently tested
Support 2: $1.92 – Strong structural support; buyers historically defend this zone
Support 3 (major): $1.75 – Long-term support; trend reversal risk if broken
Resistance Levels
Resistance 1: $2.22 – First reaction zone; minor selling pressure expected
Resistance 2: $2.35 – Key short-term barrier
Resistance 3: $2.52 – Strong resistance; breakout above this would start a bullish trend
Signal
Bias: Accumulate on dips
Entry Zone: $2.00 – $2.10
Targets:
Target 1: $2.22
Target 2: $2.35
Target 3: $2.52
Risk Management
Stop-loss: Below $1.92
Trend invalidation: Daily close below $1.75 #dot #BTCVSGOLD #BinanceBlockchainWeek #bullish
