Polkadot (DOT) Nears Resistance: Breakout or Bounce? 😨 $DO

--・24.2k views

Polkadot (DOT) Nears Resistance: Breakout or Bounce? 😨 $DOT has been trading within a small ascending channel on the 4-hour timeframe. The price has tested the resistance zone of $7.5 - $7.7 three times, failing to break through. However, this latest attempt shows potential for a #bullish breakout, with the price aiming for the channel's upper limit. Key Levels to Watch for #Polkadot : 👀 Support: Daily Demand Zone: $7.17 - $6.88 (critical for maintaining bullish structure) Resistance: Current Level: $7.5 - $7.7, Next Level: Daily Supply Zone for: $8.58 - $9.11 What are Your Options on #DOT ??

Polkadot (DOT) Nears Resistance: Breakout or Bounce? 😨
$DOT  has been trading within a small ascending channel on the 4-hour timeframe. The price has tested the resistance zone of $7.5 - $7.7 three times, failing to break through.
However, this latest attempt shows potential for a #bullish breakout, with the price aiming for the channel's upper limit.
Key Levels to Watch for #Polkadot : 👀
Support: Daily Demand Zone: $7.17 - $6.88 (critical for maintaining bullish structure)
Resistance: Current Level: $7.5 - $7.7, Next Level: Daily Supply Zone for: $8.58 - $9.11
What are Your Options on #DOT ??