DOT price showcases an impressive 21% jump, signifying a strong bullish momentum.
Weekly Chart Breakout: A channel breakout rally in the weekly chart is fueling DOT's uptrend.
Potential for Higher Targets: If the current momentum is sustained, DOT could potentially exceed the $10 mark.
Reversal from Downtrend: The reversal rally marks the end of a prolonged downtrend, offering a positive outlook for DOT.
Three-Month Recovery: A notable 94% recovery over the last quarter highlights DOT's strong market comeback.
Technical Indicators Aligned: RSI indicates robust bullish momentum, crossing into the overbought zone.
Intraday Pullback Noted: Despite the recent surge, DOT experiences a 4.87% intraday pullback, indicating potential exhaustion among bulls.
Market Recovery Impact: DOT's movement is in sync with the broader market recovery, enhancing investor confidence.
Fibonacci Level as a Key Marker: The rally challenges the 23.60% Fibonacci retracement level, suggesting potential for further uptrend.
Support Levels to Watch: In case of a downtrend, key support levels to monitor include the 50D EMA and the $6 level.
Weekly Chart Breakout: A channel breakout rally in the weekly chart is fueling DOT's uptrend.
Potential for Higher Targets: If the current momentum is sustained, DOT could potentially exceed the $10 mark.
Reversal from Downtrend: The reversal rally marks the end of a prolonged downtrend, offering a positive outlook for DOT.
Three-Month Recovery: A notable 94% recovery over the last quarter highlights DOT's strong market comeback.
Technical Indicators Aligned: RSI indicates robust bullish momentum, crossing into the overbought zone.
Intraday Pullback Noted: Despite the recent surge, DOT experiences a 4.87% intraday pullback, indicating potential exhaustion among bulls.
Market Recovery Impact: DOT's movement is in sync with the broader market recovery, enhancing investor confidence.
Fibonacci Level as a Key Marker: The rally challenges the 23.60% Fibonacci retracement level, suggesting potential for further uptrend.
Support Levels to Watch: In case of a downtrend, key support levels to monitor include the 50D EMA and the $6 level.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.