Thoughts on DOT's short-term range post-dip
I'm leaning towards $DOT holding the $0.80-$0.85 range for the rest of the week, with roughly 70% confidence, given the strong bounce from the recent lows at $0.80162. The market seems to be absorbing the selling pressure, suggesting some consolidation before a clearer direction.
I'm not so sure about that 70% confidence level. While DOT did bounce, the broader market sentiment still seems a bit wobbly, which could easily drag it back down. Waiting to see if it can actually establish a higher low before getting too optimistic.