Market Analysis of DOTUSDT on Wednesday 4 DECEMBER 2024

2024-12-04 17:23Fonte:BtcDana

DOTUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


DOTUSDT  running in positive trend and its immediate strong support area  are7.23 to 8.07 level .  Stop loss is 7.55 level and it can rise  above 10.53 level in short term  because  irregular correction made at level of 10.53 level. Intraday purpose buying is better for targets 10.25, 10.50 and 10.75 levels respectively with stop loss 7.55 level.


QUICK FUNDAMENTAL LOOK                                                                    


Amidst the recent euphoria around the cryptocurrency market, Polkadot (DOT) has stood out as one of the best-performing assets, notching a 107.5% price gain in the last 30 days. The prominent crypto asset recently surged to $8.81, representing its highest price point in the past five months.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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