DOT / TetherUS
Long

#DOT/USDT

216
#DOT

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.

We are experiencing a rebound from the lower boundary of the descending channel, which is support at 4.120.

We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.

We are heading towards stability above the 100 Moving Average.

Entry price: 4.170
First target: 4.220
Second target: 4.246
Third target: 4.323

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