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Pending
DOTUSDT
Long Entry 4.2010 2025-09-11 00:20 UTC
Target 5.4000 Fail 3.3000
Risk/Reward 1 : 1
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DOTUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Range Market
The analysis focuses on DOTUSD using Elliott Wave theory on a weekly timeframe. It identifies a five-wave decline to an October 2023 low, followed by sideways consolidation. Two potential pathways for price movement are presented: one involving an ABC corrective rally to approximately $13.50 before further decline, and another suggesting a completed Wave 2, leading directly to lower prices. A shorter-term upside potential against the mid-June swing low is noted. Resistance levels between $5.33 and $8.84 are highlighted, with $5.40 identified as key for bulls to break. Support is observed at $3.31. The overall trend is deemed not clearly bullish due to the initial five-wave decline, suggesting a corrective rally scenario.
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