Everybody was calling $DOT ‌ dead a few weeks ago but look at this move.

We finally saw a massive impulse candle that broke that boring sideways range around $1.20. It actually spiked up to almost $1.70 before cooling off a bit.
Right now the price is hovering at $1.570. It looks like it’s trying to establish a new floor above $1.50 which is a good sign for the bulls. If this level holds then we might actually have a shot at testing $1.83 soon.
Volume on that big green move was solid but it’s tapering off now as we consolidate. I’m watching to see if we get a retest of $1.49 area before the next leg up.
Not jumping in blindly here but the trend shift is hard to ignore.

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