The chart shows that Polkadot (DOT) has been trading within a defined range between $3.76 – $11.34 for a long time.
🔻 Resistance Level: ~$11.34 – the price has bounced off this level multiple times.
🟢 Support Level: ~$3.76 – a historically strong zone where demand appears.
📊 What Could Happen Next?
DOT is currently testing the support zone again. If it holds, we might see a rebound towards $11.34. Otherwise, a breakdown below this level is possible.
⚠️ Strategy:
1️⃣ Monitor the price reaction in the $3.76 – $4.85 zone.
2️⃣ If a rebound is confirmed, the potential upside target is $11.34.
3️⃣ If support fails, a deeper correction could follow.
🔻 Resistance Level: ~$11.34 – the price has bounced off this level multiple times.
🟢 Support Level: ~$3.76 – a historically strong zone where demand appears.
📊 What Could Happen Next?
DOT is currently testing the support zone again. If it holds, we might see a rebound towards $11.34. Otherwise, a breakdown below this level is possible.
⚠️ Strategy:
1️⃣ Monitor the price reaction in the $3.76 – $4.85 zone.
2️⃣ If a rebound is confirmed, the potential upside target is $11.34.
3️⃣ If support fails, a deeper correction could follow.
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🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Telegram Channel⏩ t.me/+aTlXBWnLy2Y4OTQ6
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.