DOT / TetherUS
Short

DOT/USDT: Consolidation Expected After Recent Bounce The DOT/US

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The DOT/USDT market has recently rebounded from a previously tested level from November. Following this bounce, the price appears to be forming an ABC pullback, moving towards the channel boundary.

Historical price action shows that the market has consistently respected the resistance zone, reinforcing the prevailing bearish trend. Given this setup, the market is likely to enter a consolidation phase, with price stabilizing within the 4.88 to 4.00 range. The next key target lies at the support zone around 4.100

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