Technical analysis by Fahad-Rafique about Symbol DOT: Buy recommendation (7/3/2025)
https://sahmeto.com/message/3613395
Fahad-Rafique
Rank: 34756
Analytical Power:
0.6
DOTUSDT is Bullish
:Buy
Price at Publish Time:
$3.63
Profit Target:
(+44.74%)$5.25
Stop Loss Price:
(-22.25%)$2.82

Price was in a strong downtrend, however the breakout from the descending channel hints a potential reversal. If a proper higher high is defined followed by a higher low then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
Source Message: TradingView