Coin Name: $DOT
In this chart, a bullish falling wedge pattern 📐 of Polkadot (DOT) is formed on a 4-hour timeframe 📊. The support area 🔵 around $7.3-7.5 served as a base for the price to reverse and start an uptrend 📈. The falling wedge is a bullish reversal pattern 🔄, indicating a strong possibility of an upward move 💥. The break indicates that buyers have taken control 📈, targeting higher levels.
Entry point: $7.50 or market price 🚀.
Take Profit Targets:
1st Target: $7.96 🎯
2nd Target: $8.97 🚀
3rd Target: $10.39 🏁
