After retesting the major support at $4 and holding above it, DOT is showing early signs of bullish momentum. If this structure continues, we could be preparing for another markup phase with potential targets at the $6, $10, and even $11 resistance zones.
This setup mirrors the previous cycle — will history repeat itself?
📍 Key Levels:
Support: $4.00 & $3.00
Resistance: $6.00, $10.00, and $11.00
Let me know your thoughts in the comments 👇
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - AvaTrade
avatrade.com?tag=215655
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - AvaTrade
avatrade.com?tag=215655
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.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - AvaTrade
avatrade.com?tag=215655
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - AvaTrade
avatrade.com?tag=215655
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.