Trading suggestion:
There is a possibility of temporary retracement to the suggested support line (40.5750).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOTUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 46.7900
TP2= @ 51.0800
TP3= @ 55.0000
TP4= @ 60.0000
TP5= @ 65.7300
SL= Break below S2
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