$DOT at *$1.2714* - Rising and holding steady:
*Indicators:*
- *Strong bullish bias* - 6 bullish - 0 neutral - 1 bearish
- First resistance: *$1.2959*
- First support: *$1.2155*
- RSI 14: *59.8* - Neutral, leaning bullish - Not overbought
- Long/short ratio: *2.70* - 73% long - Traders are expecting a rise
- Funding: +0.0058% - Normal
- Open Interest: $72M
*Analysis at $1.2714:*
DOT is different from the other 4 - a major L1 project:
- Up *+20% in a month* after a long decline - early signs of recovery
- +2.58% today - holding above $1.27, over the $1.2155 support
- If it breaks the $1.2959 resistance → it could quickly reach $1.40 - $1.50
- If it breaks the $1.2155 support → it could drop to $1.10 - $1.00
*Should you buy at $1.2714?*
- *For investing:* Good - cheap, -98% from ATH - large market cap of $2B, unlike BANK at $26M
- *For trading:* Wait for a break above $1.2959 or a bounce off $1.2155
*DOT levels:*
- Support: $1.2155 - $1.224 - $1.22 - $0.938 (30d low)
- Resistance: $1.284 - $1.2959 - $1.30 (30d high) - $1.50 - $2.00 psychological - $3.52 (year high)
- Near-term target: $1.40 (+10%)
- Mid-term target: $2.00 (+57%)
- ATH: $54.98 (+4225%)
$DOT
*Indicators:*
- *Strong bullish bias* - 6 bullish - 0 neutral - 1 bearish
- First resistance: *$1.2959*
- First support: *$1.2155*
- RSI 14: *59.8* - Neutral, leaning bullish - Not overbought
- Long/short ratio: *2.70* - 73% long - Traders are expecting a rise
- Funding: +0.0058% - Normal
- Open Interest: $72M
*Analysis at $1.2714:*
DOT is different from the other 4 - a major L1 project:
- Up *+20% in a month* after a long decline - early signs of recovery
- +2.58% today - holding above $1.27, over the $1.2155 support
- If it breaks the $1.2959 resistance → it could quickly reach $1.40 - $1.50
- If it breaks the $1.2155 support → it could drop to $1.10 - $1.00
*Should you buy at $1.2714?*
- *For investing:* Good - cheap, -98% from ATH - large market cap of $2B, unlike BANK at $26M
- *For trading:* Wait for a break above $1.2959 or a bounce off $1.2155
*DOT levels:*
- Support: $1.2155 - $1.224 - $1.22 - $0.938 (30d low)
- Resistance: $1.284 - $1.2959 - $1.30 (30d high) - $1.50 - $2.00 psychological - $3.52 (year high)
- Near-term target: $1.40 (+10%)
- Mid-term target: $2.00 (+57%)
- ATH: $54.98 (+4225%)
$DOT