DOT Tests Key Support: Bulls Defend or Bears Take Over?
✔︎ Market Overview
DOT/USDT is trading near 1.1900 (-1.82%) after another rejection from range highs. Momentum remains neutral, while volatility continues to contract.
◆━━━━━━━━━━━━━━━━◆
➤ Technical Analysis
Following its peak at 1.3060, DOT has started printing lower highs, suggesting sellers still maintain some influence.
• MA5: 1.1866
• MA10: 1.1832
• MA20: 1.1864
The moving averages remain tightly packed and flat, reinforcing the ongoing consolidation narrative.
① Bullish Scenario: A breakout above 1.2280 with stronger volume could target 1.2804.
② Bearish Scenario: A breakdown below 1.1756 may bring 1.1308 into focus.
③ Neutral Scenario: Continued ranging between 1.1756–1.2280.
◆━━━━━━━━━━━━━━━━◆
➤ Key Levels
🔹 Resistance: 1.2280 | 1.2804
🔹 Support: 1.1756 | 1.1308
$DOT
#dot #EthereumValidatorExitQueueJumps392% #SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17%
✔︎ Market Overview
DOT/USDT is trading near 1.1900 (-1.82%) after another rejection from range highs. Momentum remains neutral, while volatility continues to contract.
◆━━━━━━━━━━━━━━━━◆
➤ Technical Analysis
Following its peak at 1.3060, DOT has started printing lower highs, suggesting sellers still maintain some influence.
• MA5: 1.1866
• MA10: 1.1832
• MA20: 1.1864
The moving averages remain tightly packed and flat, reinforcing the ongoing consolidation narrative.
① Bullish Scenario: A breakout above 1.2280 with stronger volume could target 1.2804.
② Bearish Scenario: A breakdown below 1.1756 may bring 1.1308 into focus.
③ Neutral Scenario: Continued ranging between 1.1756–1.2280.
◆━━━━━━━━━━━━━━━━◆
➤ Key Levels
🔹 Resistance: 1.2280 | 1.2804
🔹 Support: 1.1756 | 1.1308
$DOT
#dot #EthereumValidatorExitQueueJumps392% #SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17%