🚨$DOT /USDT Signal Alert: Approaching Critical Levels! 🚨
Polkadot ($DOT ) is trading at $8.25, down 4.86% over the last 24 hours. Despite the decline, the trading volume ($89.30M USDT) indicates market activity, with potential for a bounce or further breakdown.
💡 Key Trade Levels:
Support: $8.17 – Holding above this level is crucial for stability.
Resistance: $8.97 – A breakout above this could signal bullish recovery.
📈 Targets:
If $DOT holds above support and breaks resistance:
Target 1: $9.20
Target 2: $9.60
⚠️ Risk Management:
Set a Stop Loss below $8.00 to mitigate downside risk.
Watch for strong volume at support to confirm a potential rebound.
DOT remains volatile—monitor closely for breakout opportunities! 📊
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