DOT / TetherUS
Long

#DOT/USDT

97
#DOT

The price is moving within a descending channel pattern on the 12-hour frame and is expected to break upwards

We have a downtrend on the RSI indicator that has been broken upwards and we have a tendency to stabilize above it

We have a major support level in green at a price of 4.20

We have a tendency to stabilize above the moving average 100 which supports the rise

Entry price 4.67
First target 5.40
Second target 6.02
Third target 6.70

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.