DOT/USDT – 2H – BUY

The 2H chart for DOT/USDT has triggered a cluster of bullish signals, led by a Trendline Break Up and a Descending Channel breakout, which often mark a shift from a downtrend to an uptrend. The Fibonacci Break DownTrend (24%) further supports bullish momentum, suggesting that the price has retraced a significant portion of the prior decline and is now reversing higher. However, the presence of bearish signals such as BOP Zero Cross Down and RSI OB Exit, along with a Closing Marubozu Bearish candlestick, indicates potential short-term pullback pressure.

Across timeframes, the trend is mixed but leaning bullish in the near term: the 30m and 1h timeframes show bullish trends, while the 2h and 4h are also bullish but weaker. The higher timeframes (8h, 12h, 1d) remain bearish, suggesting that the current bullish move could be a counter-trend rally within a larger downtrend. Key levels to watch are resistance at 0.77000 and support at 0.72300. A sustained move above resistance would confirm bullish continuation, while a break below support could invalidate the bullish setup.