đ¨ Polkadot ($DOT) : A Big Move is Just Around the Corner! đ¨
Polkadot ($DOT) is currently trading at $10.306, consolidating within a symmetrical triangle pattern on the 4-hour chart. As volatility diminishes, the price approaches the apex, indicating an imminent breakout in either direction.
đĄ Key Levels to Watch
Resistance: $10.640 â A breakout above this level could ignite bullish momentum.
Support: $10.190 â A breakdown below this level may lead to further downside.
đ Bullish Scenario: Ride the Uptrend
Entry Point: Above $10.640
Take Profit Targets: $11.000, $11.300, $11.800
Stop Loss: $10.400
đ Bearish Scenario: Brace for a Drop
Entry Point: Below $10.190
Take Profit Targets: $9.800, $9.500, $9.200
Stop Loss: $10.400
â ď¸ Prediction: Will DOT Soar or Slip?
The symmetrical triangle pattern indicates a pivotal moment. A breakout above resistance could propel DOT toward $11.800 or higher, while a breakdown below support might push the price down to $9.200.
Pro Tip: Monitor trading volume closelyâit will confirm the direction of the next big move. Stay cautious and trade strategically!