$DOT /USDT: Strong Upside Momentum with Key Trade Levels 🎯
Polkadot ($DOT ) is trading at $8.925, up +4.74%, with strong buying momentum observed after touching a high of $9.264.
🎯 Targets for $DOT /USDT
Target 1: $9.10
Target 2: $9.30
Target 3: $9.50
📈 Long Trade Setup
Entry Zone: $8.90 - $8.95
Stop Loss: Below $8.70
Targets: $9.10 / $9.30 / $9.50
✅ Rationale: A breakout above the recent high at $9.26 signals potential continuation of bullish momentum, aiming for the next resistance zones.
📉 Short Trade Setup
Entry Zone: $9.10 - $9.20
Stop Loss: Above $9.30
Targets: $8.80 / $8.60 / $8.50
⚠️ Rationale: Failure to hold above $9.20 could trigger a retracement toward $8.60, providing a short opportunity for cautious traders.
Market Insights
24H High: $9.264
24H Low: $8.347
Volume (DOT): 11.43M
Polkadot’s uptrend shows potential for a breakout if volume sustains. Keep an eye on critical support and resistance zones to adjust positions accordingly.
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