DOT / TetherUS

DOT/USDT 1DInterval Resistance and Support

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Hello everyone, let's look at the DOT to USDT chart on a one-day time frame. As you can see, the price is moving below the downtrend line.

Let's start with the support line and as you can see the first support in the near future is $ 5.30, if the support is broken then the next support is $ 4.83 and $ 4.24.

Now let's go to the resistance line, as you can see the first resistance is $ 5.78, if you manage to break it, the next resistance will be $ 6.04, $ 6.26 and $ 6.48.

Looking at the CHOP indicator, we see that there is still a lot of energy to continue the move, the MACD remains in a downtrend, while the RSI is approaching the lower end of the range, which may indicate the imminent end of the correction in the coming days.

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