Below is a speculative trading idea for the DOT/USDT pair.
Currently, the asset's price has broken through an inclined level after updating the minimum at the price of $3.550 within the current global downtrend. After reaching the $3.550 level, there was a rebound, amounting to over 41% to the current price. This situation indicates an attempt to break the local downtrend in effect in 2023.
As we anticipate a price correction, we identify two entry points for the asset to continue the upward movement within this correction.