DORA/USDT Analysis: Potential Bullish Setup with Retest 📈🚀
The 1-hour chart for DORA/USDT on OKX is showing a potential bullish structure following a sharp upward movement. The current price action suggests a retest scenario before a potential continuation to the upside.
Key Levels and Setup:
Current Price: Trading at 0.2000 USDT.
Support Level: 0.1072 USDT – This level acts as a potential base for price support if the retest completes.
Resistance Target: 0.2427 USDT – The next target level if the price successfully bounces from the support zone.
Technical Outlook:
The price has experienced a pullback after the initial rally and is testing the support level around 0.2000 USDT. If it maintains this level and gains buying volume, it may signal a bullish reversal for a move towards 0.2427 USDT. Monitoring for a strong bounce around this support zone could offer a clear entry signal.
#DORAUSDT 🚀 #CryptoSetup 📈 #SupportAndResistance #CryptoTrading #BullishSetup
The 1-hour chart for DORA/USDT on OKX is showing a potential bullish structure following a sharp upward movement. The current price action suggests a retest scenario before a potential continuation to the upside.
Key Levels and Setup:
Current Price: Trading at 0.2000 USDT.
Support Level: 0.1072 USDT – This level acts as a potential base for price support if the retest completes.
Resistance Target: 0.2427 USDT – The next target level if the price successfully bounces from the support zone.
Technical Outlook:
The price has experienced a pullback after the initial rally and is testing the support level around 0.2000 USDT. If it maintains this level and gains buying volume, it may signal a bullish reversal for a move towards 0.2427 USDT. Monitoring for a strong bounce around this support zone could offer a clear entry signal.
#DORAUSDT 🚀 #CryptoSetup 📈 #SupportAndResistance #CryptoTrading #BullishSetup
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Subscribe to my Telegram Channel 👉 :
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Subscribe to my X 👉 : x.com/VIPROSETR
t.me/addlist/y5mi70s3c0Y3MDQ0
Subscribe to my X 👉 : x.com/VIPROSETR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.