🚀 DOT Ready for a Breakout? 📊🔥 Accumulation at Key Support Zone! 🛡️📈
Polkadot ($DOT) is currently trading near the lower boundary of a long-term parallel channel on the weekly timeframe 👀
Here’s what the chart is telling us:
📌 Key Observations:
✅ Strong buying pressure is building up in this critical demand zone
✅ Increased volume indicates potential smart money accumulation
✅ Holding this support could trigger a strong bullish reversal!
🎯 Potential Upside Targets:
💸 $6.10 – First bounce target
💸 $7.90 – Mid-channel resistance
💸 $11.00 – Breakout confirmation zone
💸 $16.00 – Major resistance from past highs
🔥 Why This Matters:
Polkadot is a top-tier Layer-0 protocol with expanding utility and parachain ecosystem.
When support + volume + structure align = explosive opportunity ahead!
#cryptouniverseofficial #USHouseMarketStructureDraft #FOMCMeeting $DOT