DOT is currently looking to bounce back up from this local support level at $25, If this is accomplished over the weekend. We might continue to see it retest $30 mark. But due to the current market "BTC" I see that we need a lot buying pressure to build the required volume for it to able to go back up to the $40 Mark.
Also Looking at the chart I see a formation of reversal pattern. Further more I have used the Pitch-Fork to help me analysed to see possible break out points in conjunction with the resistance levels showed. (to project future the trajectory)
If we fail to for a break out pattern we my see it going below $20 and sitting at a lower support.
ALWAYS look for extra confirmation before making any trade.
Happy trading people
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