🚨 $DOT /USDT ALERT: Key Resistance Test in Progress! 🚨
$DOT /USDT is trading at $8.366, reflecting a modest +2.65% gain in the last 24 hours. With a recent recovery from its intraday low, Polkadot is approaching critical levels, setting the stage for its next move.
💡 Key Levels to Watch 💡
Resistance 1: $8.600 – A breakout above this level could attract significant bullish momentum.
Target 1: $8.800 – Immediate upside target if buyers sustain control.
Target 2: $9.200 – Strong momentum could push toward this significant level.
Target 3: $9.500 – Extended bullish sentiment might test this long-term resistance.
📉 Support Levels
Support 1: $8.200 – Crucial support to hold for maintaining upward momentum.
Support 2: $8.000 – Failure to hold could lead to further downside pressure.
⚠️ Caution: DOT's price action is at a pivotal point. Monitor closely for breakout confirmations or rejection at resistance levels. Use appropriate risk management strategies to safeguard trades.
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