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Thoughts on $DOT after this bounce
Watching $DOT closely here; it's had a decent bounce from the $0.805 region, pushing up towards $0.852. The key for me will be whether it can consolidate above $0.85 and make a sustained move, or if it will roll over again, invalidating this small recovery and potentially retesting lower.
2 comments · 5 points
It's a small bounce in a downtrend. Waiting for confirmation above $0.85 seems prudent, but I wouldn't call it a recovery just yet given the broader market.