$DOT
đ DOT/USDT Technical Analysis â Key Levels to Watch! đ„
Polkadot (DOT) is trading at $8.214, showing signs of indecision as it hovers near a critical zone. The next move could set the tone for DOTâs short-term trend.
đ Support Zone: The $8.00-$8.10 level is acting as a strong support where buyers have stepped in previously. A bounce here could open the door for a bullish reversal.
âïž Resistance Zone: On the upside, $8.30-$8.50 is the key resistance area. A breakout above this zone with strong volume could ignite a rally toward the $9.00 mark.
đŻ Trade Strategy:
For Bulls: Look for a bounce near $8.10 with confirmation of buying pressure. Targets: $8.50 and $9.00+.
For Breakout Traders: Wait for a decisive break above $8.30 and ride the momentum higher.
Risk Management: Place a stop-loss below $8.00 to protect against downside moves.
DOT is at a crossroads: will bulls take charge and push it past resistance, or will bears break support? The next few candles could be decisive. Stay focused, manage risk, and be ready for action! đđš
Whatâs your move on DOT? Letâs trade smart and seize opportunities! đ
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