$DOT /USDT Market Update ๐
Current Price: $7.300 (+7.62%)
Polkadot rebounded from a low of $6.654, reaching a high of $7.802, signaling a strong bullish trend. Currently, the price is consolidating just below the recent high.
Key Levels to Watch:
๐ Resistance: $7.802 (recent high)
๐ Support: $7.018
Trading Strategy:
A breakout above $7.800 could push prices toward $8.000.
Consider partial profit-taking near $7.700 to secure gains.
Place a Stop Loss at $7.000 to manage risk while riding the trend.
Polkadotโs bullish momentum shows promise for further upsideโmonitor key levels closely!