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Technical analysis by BINDIsCOINs about Symbol DOT on 12/30/2025

https://sahmeto.com/message/4028263

Wedge Breakout, Bull Flag, & All Time Low

Neutral
Price at Publish Time:
$1.83
،Technical،BINDIsCOINs

1D Chart Technical Analysis. An inside bar bull flag pattern in a parallel channel is forming after a breakout of descending wedge pattern highlighted in the bluish green triangle. Immediate support is at the bottom of the bull flag parallel channel. Next, and stronger support is at the white descending trendline that has had 3 hits over a much longer timeframe: (1st) First starting at the pivot low of $4.224 on December 30, 2022, connecting to (2nd) Second pivot low of $3.566 on October 19, 2023, and finally connecting to (3rd) Third and most recent low (ATL) of $1.654 on last Friday, December 26. Price should make a move up through the top of the parallel channel to test the recent resistance zone highlighted in the purple box. If price breaks through the purple resistance zone between $2.35 - $2.54, then look for a test of next resistance level of $3.377 marked with the red line. Overall, this is a very decent bullish setup that is bouncing up from an all time low.

Source Message: TradingView
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