$DOT ALERT: BIG MOVE INCOMING – LONG OR SHORT? 🚨
Polkadot ($DOT) is trading at $8.50, with a sharp pullback after testing a high of $10.50. The chart shows signs of bullish exhaustion near resistance, suggesting a potential bearish retracement.
💡 Trade Levels to Watch:
• Long Entry: Above $9.00 for targets at $9.50, $10.00, and $10.50. Stop loss: $8.70.
• Short Entry: Below $8.30 for targets at $8.00, $7.70, and $7.50. Stop loss: $8.60.
📉 Next Move: If $DOT fails to reclaim $9.00, expect further downside as bears dominate. However, a breakout above $9.00 signals renewed bullish momentum. Trade cautiously!
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