Dotusdt Trading opportunity
2024-02-14

Dotusdt pair is currently trading above a significant trendline, which has recently served as a robust resistance barrier. Following the breakout, there was a noticeable retracement towards the trendline, resulting in a considerable rebound. 

Our plan involves adopting a cautious approach, awaiting a secondary approach towards the trendline before initiating a long position. It is crucial to closely monitor the immediate resistance level indicated on the chart. 

A breach above this level could catalyze a substantial increase in trading volume for the coin, thereby presenting an opportune moment to enter a long position on the subsequent pullback should the price successfully exceed this threshold.

Furthermore, the ultimate bullish objective in the medium term is identified as a pronounced supply zone. 

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