Technical analysis by Arkverse365 about Symbol DOT: Buy recommendation (12/11/2024)

DOT is showing bullish momentum and we can see the following criteria My indicator shows the price is above the weekly EMA. We can see the price breakout the Weekly EMA resistance and retesting it. As well as a successful breakout and retest on the trendline. I will enter a safe spot position, ENTER NOW or enter above $12. Midterm target is $22 resistance level. Buyers needs to fight that level before it breaks for the next target of $54.You can add to your position. we bought low, now we can buy lower!! Don't panic sell, keep your SPOT position.