$DOT Technical Update Let's see How much will it work my analysis is given below šŸ‘‡šŸ» Also share your experience šŸ˜‰

Polkadot (DOT) is trading at $7.453 (-0.84%) within a well-defined channel. The price action shows potential for a breakout as it consolidates near the lower support zone.

Key Levels:

Support: $7.44

Resistance: $7.87

Channel Range: $7.35 - $7.87

Strategy:

Long Opportunity:

Entry: Above $7.50

Target 1: $7.87

Target 2: $8.20

Stop Loss: Below $7.35

Short Opportunity:

Entry: Below $7.35

Target 1: $7.20

Target 2: $7.00

Stop Loss: Above $7.50

šŸ“ˆ Monitor for a breakout or breakdown with volume confirmation for stronger signals. Stay cautious with risk management.

#CryptoTrading #DOT #Polkadot #TradingSignals