Trade Setup for #DOT/USDT 📉📈:

🔄 Pattern: Approaching Resistance

🚀 Emerging: Bullish breakout from Falling Wedge pattern

🎯 Near-Term Target: $8.00

⚖️ Approaching Resistance: After gaining +10% from the Falling Wedge breakout, DOT is approaching our target of $8.00. Two potential scenarios to watch:

Continuation of Uptrend: Break above $8.00 to signal further uptrend with +25% upside potential to $10.00.

Pullback Entry: If price retraces near $6.00 support, consider it as another swing entry opportunity with +30% upside potential back to $8.00.

📈 Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).

🚀 Momentum: Bullish momentum, indicated by MACD Line above MACD Signal Line and RSI above 55.

💪 Support/Resistance: Nearest Support Zone is $5.80, followed by $5.00. The nearest Resistance Zone is $8.00 (approaching), then $10.00.

Trade wisely and stay adaptable! 🌐📉🚀 #Dotusdt #TradingSetup #BullishBreakout $DOT