$DOT Recently, it has become quite interesting. The trading volume at the 30-minute level suddenly surged by 59.3%, and such a volume anomaly usually does not occur without reason.
The current price level is in the range of 1.807 USDT. Looking downwards, the recent support level is stuck around 1.797, which is only 0.77% away from the current price. There is also a support range between 1.791 and 1.798. To be honest, this position is a critical defense line—if the volume continues to be sustained, this could very well become the starting point for a rebound.
From a trading perspective, you might consider placing long orders around 1.797, with take-profit aimed at the upper resistance level of 1.841, which has a good potential. Such a sharp increase in trading volume usually indicates what? The market may be brewing a new trend. The performance of the next few candlesticks will be crucial, and it's worth closely tracking the subsequent movements of DOT.
If you are still anxious about which coins to trade in the current market, if you are still feeling emo about missing out or being stuck, stop overthinking it! Chatroom speed