DOT without energy for 1H interval
DOT / TetherUS BINANCE:DOTUSDT
Hello everyone, let’s take a look at the 1H DOT to USDT chart. As you can see, the price moves in the designated channel with blue lines.
Please note that this is a short-term analysis.
Let’s start with the designation of the support line and as you can see the first support in the near future is $ 17.23, if the support breaks down, the next one is $ 17.01.
Now let’s move from the resistance line as you can see the first resistance is $ 17.71, if you can break it the next resistance will be $ 17.86 and $ 17.99.
Looking at the CHOP indicator , we can see that in the 1H interval most of the energy was used.
