DOT/USDT Analysis – 1D Chart (OKX)

DOT/USDT Analysis – 1D Chart (OKX)
Support Levels:
First support: 4.239 USDT
Next support: 3.652 USDT (Key Demand Zone)

Resistance Levels:
First resistance: 6.008 USDT
Next resistance: 7.652 USDT (Supply Zone)
Major resistance: 9.476 – 11.654 USDT

Entry Points:
Potential buy zone around 3.652 USDT, which aligns with demand support.
A breakout above 6.008 USDT could signal bullish momentum toward 7.652 USDT.
If DOT drops below 3.652 USDT, further downside movement is possible.

Risk Assessment:
If the price fails to hold 3.652 USDT, it may enter a deeper downtrend.
Stop-loss should be placed below 3.652 USDT to limit risk.

Trade Conditions:
DOT is currently in a bearish trend, but a potential bullish reversal is forming.
If it breaks the descending wedge pattern, we may see a move towards 6.008 USDT.
A breakout above 7.652 USDT could confirm a stronger bullish trend.

📌 Summary:
DOT is trading near a key support zone. If it holds above 4.239 – 3.652 USDT, a bullish reversal is possible. A move above 6.008 USDT could confirm further upside. However, if it falls below 3.652 USDT, it may continue the bearish trend. 🚀