Trade Setup for #DOT/USDT 📈🚀

🔄 Pattern: Falling Wedge

🚀 Breakout: Confirmed, signaling a Bullish momentum

🎯 Target: $8.00 (+10% gain), potential extension to $9.50

⚖️ Stop Loss: $6.50

📉 Pattern Analysis: Bullish breakout from a Falling Wedge pattern, often indicating an uptrend. Swing traders may capitalize on emerging patterns.

📈 Trend: Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.

🚀 Momentum: Bullish, with MACD Line above MACD Signal Line and RSI above 55.

💪 Support/Resistance: Nearest Support Zone at $5.80, followed by $5.00. The nearest Resistance Zone is $8.00, with a potential extension to $10.00.

Trade wisely and stay adaptable! 🌐🚀

#Write2Earn #TradingSetup #BullishBreakout $DOT