DOT/USDT - Slowly Reaching That Resistance Zone
Starting off with the DOT coin, we can see a robust uptrend that has propelled the price towards a significant resistance zone. As the price is touching this key area, we’re on the lookout for a strong rejection that could indicate a shift in momentum, presenting a potential opportunity for a short position near $5.04 to $5.10
If the resistance holds, we might witness a pullback towards the lower support levels, which are highlighted as yellow zones. This retracement would align with typical market behavior after testing such a crucial resistance.
Swallow Team
If the resistance holds, we might witness a pullback towards the lower support levels, which are highlighted as yellow zones. This retracement would align with typical market behavior after testing such a crucial resistance.
Swallow Team
Comment:
The price was reached nicely in this zone, but no resistance was shown. Almost having a nice breakout price is still looking for ways to secure this zone If we see a breakout, then Lon position can be taken, most likely here! If not, then short is still optimal!
The price was reached nicely in this zone, but no resistance was shown. Almost having a nice breakout price is still looking for ways to secure this zone If we see a breakout, then Lon position can be taken, most likely here! If not, then short is still optimal!
Trade active:
Lovely 10% of market movement here
Lovely 10% of market movement here
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As price is strongly pushing here. If we hold this zone strongly, we are good for dropping. If we see a breakout and a re-test, there is a chance of bullish movement!