Bullish Momentum and Important Resistance LevelsThe resistance range of $5.14 - $5.37 is being examined for DOT. If the price surpasses $5.37 level, it indicates a bullish signal, propelling it towards the resistance zone of $5.6-$6.00.
The supports are 4.70 and 4.37 levels.
The RSI level for DOT is currently at 68. The RSI is a momentum oscillator that measures the speed and change of price movements. A value of 68 suggests that DOT is experiencing relatively strong momentum and may be approaching overbought conditions. Traders and investors often consider RSI levels above 70 as an indication that an asset may be overbought and due for a potential price correction.