$DOT USDT

#Market trend

DOT still overall bearish market structure price trading below major moving averages shows weakness

CoinCodex

#Current price zone

Price moving around 1.20 to 1.25 zone with low momentum and weak buying pressure

CoinUnited.io

#RSI condition

RSI near 33 shows market close to oversold but not strong reversal yet

CoinCodex

#Support levels

Strong support zones

1.14

1.11

1.07 #key base support

CoinCodex Resistance levels

Near resistance zones

1.21

1.25

1.28

CoinCodex

Market sentiment

Overall sentiment bearish with majority indicators negative and weak trend continuation

CoinCodex

Trade setup

Entry zone

1.18 to 1.22

Take Profit

1.25

1.28

1.32

Stop Loss

1.10

8 Scenario

Bullish case

If price breaks 1.28 strong move toward 1.32 possible

Bearish case

If price breaks 1.10 then drop toward 1.05 or lower likely

Final view

Market weak short term scalping possible trend still bearish wait for breakout confirmation before big entry

DOT
DOTUSDT
1.218
-3.56%