📊 $DOT /USDT – Recovery Attempt After Major Bottom

Price: $2.06

24h Move: +X%

Intraday High/Low: $2.10 / $2.00

📝 Market Snapshot:

DOT is showing early signs of recovery after bottoming near $1.95. Price is now attempting to reclaim the MA7 ($2.05) and moving closer to the MA25 ($2.14). The 4H chart hints at a double-bottom structure, supported by rising volume spikes — a classic signal of buyers stepping back in.

🔍 Reason:

Increasing demand near the $1.95 support

Higher volume on green candles

Attempt to reclaim short-term moving averages

Reversal pattern forming on 4H

📌 Key Levels:

Support: $1.95 – $2.00

Resistance: $2.15 • $2.28 • $2.42

📈 Trend:

Short-term turning bullish, but confirmation comes above $2.15.

💡 Trade Idea:

If DOT breaks and holds above $2.15, then upside continuation toward $2.28 → $2.42 is likely.

If it fails to close above MA25, expect a retest of $1.95 support.#WriteToEarnUpgrade #BinanceBlockchainWeek #BinanceAlphaAlert #CPIWatch #BitcoinETFMajorInflows