$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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