DOT's Correction Phase

DOT price correction phase reaches first support zone. Watch for strong bullish patterns signaling potential move towards second resistance area. If support zone breaks downward, price may continue falling to next support level.

4/22/20241 min read

Chart showing DOT price in correction phase, reaching first support zone. Watch for bullish patterns
Chart showing DOT price in correction phase, reaching first support zone. Watch for bullish patterns

The price of DOT is currently in a correction phase and has reached the first support zone. Be aware that if we observe the emergence of strong bullish patterns in the daily timeframe, there is a possibility that the price may move towards the second resistance area. Additionally, if the current support zone is lost and breaks downward, the price may continue to fall and reach the next support level.