DOTUSDT Range VAL| .618 Fib| Psfp| Price Action

6 feb 2023

Evening Traders,

Today’s analysis – DOTUSDT- rejection of from a key level and is now rotating towards the lows,

Points to consider,
- Price action impulsive
- POC S/R Support
- .618 Fiboancci Support
- Range VAL Support

DOTUSDT’s immediate price action is trading towards an area that has technical confluence with the .618 Fiboancci, VAL and the POC region, this allows for a bullish bias.

Holding support at the technical level will allow for a bounce back towards the range high,

Overall, in my opinion, DOTUSDT is a valid long with defines risk, price action is to be used upon discretion/ management.

Hope this analysis helps

Thank you for following my work

And remember,
“Hope is bogus emotion that only costs you money.” – Jim Cramer