📊 Technical analysis of DOT/USDT
Current price: $1.971 (+0.97%)
Category: Layer 1 / Layer 2
📈 Key levels and indicators:
Moving average 60: 1.972 (close to current price)
Resistance: ~1.985
Support: ~1.960
Volume: 64.69K (low compared to MA5: 676K)
⏰ Focus on time frame: 15 minutes – 1 day
Today: +2.50%
7 days: -6.76%
30 days: +11.17%
🎯 Trade setup idea (Scalp/Swing):
Entry area: 1.965 – 1.972
Take profit 1: 1.980
Take profit 2: 1.985
Stop loss: 1.955
$DOT
DOT
1.686
-2.88%
📉 Note on volume: The current low volume indicates cautious momentum. Watch for breakout above moving average 60 with increasing volume.
🔍 Indicators used: MA, EMA, BOLL, VOL