📉 $DOT · 1H
$DOT trades at $1.10, still on the weak side of its hourly averages. The $1.08 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. That is 11.9% to the ceiling and 2.4% to the floor. The 20 crossed below the 50 recently, for only 4 candles, so this leg is still young. RSI at 28 is deep in oversold territory. Over the past day it has traded between $1.08 and $1.24, sitting near the bottom of it now. Turnover is unremarkable, running 1.2x the recent average. Down 5.9% over 24 hours.
⚠️ DYOR
$DOT #Trading
$DOT trades at $1.10, still on the weak side of its hourly averages. The $1.08 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. That is 11.9% to the ceiling and 2.4% to the floor. The 20 crossed below the 50 recently, for only 4 candles, so this leg is still young. RSI at 28 is deep in oversold territory. Over the past day it has traded between $1.08 and $1.24, sitting near the bottom of it now. Turnover is unremarkable, running 1.2x the recent average. Down 5.9% over 24 hours.
⚠️ DYOR
$DOT #Trading
