Technical analysis by SasanSeifi about Symbol DOT: Buy recommendation (11/25/2024)

previous analysis☝In the daily timeframe, the previous analysis suggested that if DOT's price could hold the $5 to $4.50 range, it would rally towards the $7.50 target after a pullback. As observed in the chart, the price corrected slightly towards the identified zone and, upon maintaining the demand area, experienced an impressive 124% growth, reaching the $10 level.new analysis👇Currently, in the 3-day timeframe DOTUSDT, the price has risen to $10.50 and is consolidating in lower timeframes. The momentum remains strong in the 3-day chart, with mid- and long-term targets clearly outlined in the image.Potential Scenarios:If demand persists and the previous high at $11.50 is broken, the price may continue its upward momentum towards the $13 target and the supply zone at $14.50. To better understand the ongoing trend, it will be crucial to observe the price's reaction to the supply area.Conversely, if sell signals are confirmed in the lower timeframes near the $9 price zone, the price might undergo a minor correction and pullback towards the $8 and $7.50 support levels before resuming its upward trajectory toward the identified targets.💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!Happy trading!✌😎Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌