Technical analysis by Elestek about Symbol DOT: Sell recommendation (1/8/2025)

Look for buy setups on these levels5.8$5.2$ (Strong Demand Zone)4.5$Keep in mind that 5.2$ is a very strong demand zone, and may never be broken. I'm expecting the price to hit this level with a shadow. Consider placing your orders now.As for targets, my first TP would be 17$, with the possibility of going much higher. Currently the trend is not powerful enough for a new ATH.