$DOT $DOT

DOT/USD Analysis: Polkadot’s Steady Rise at $8.671

Polkadot (DOT) is trading at $8.671, showcasing signs of resilience and potential bullish momentum. Let’s break down the current market structure and uncover profitable trading opportunities.

Key Support & Resistance Levels

Immediate Support: $8.400 – A critical level that has historically attracted strong buying interest.

Major Resistance: $9.000 – A breakout above this level could ignite a rally toward $9.500 or higher.

Trading Strategy

1. For Range Traders:

Buy near the $8.400 support zone.

Set a target at $9.000, with a stop-loss at $8.200 to manage risk.

2. For Breakout Traders:

Wait for a confirmed breakout above $9.000.

Target $9.500, with a stop-loss just below $8.900.

Market Sentiment

Polkadot continues to attract interest as it remains a key player in the blockchain interoperability space. With steady trading volumes and technical support levels intact, the next move could provide significant gains.

Keep your eyes on DOT/USD—whether you’re aiming for short-term scalps or a long-term hold, Polkadot is primed for action! 🌐

#COSSocialFiRevolution #BTCBreaks100K? #SOLHitsATH #XRPAndSECShift #Write2Earn!