$DOT Trade Setup – Momentum Shifting in Bullish Favor!
Polkadot ($DOT ) is staging a strong recovery, showing renewed bullish interest and prepping for a potential breakout.
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TECHNICAL OVERVIEW
Bounce Level: $4.087
Resistance Test: $4.330
Current Price: $4.278
RSI: 57.26 (Bullish-neutral — healthy room for upside)
Buyer Strength: 55% (Momentum building steadily)
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TRADE SETUP – Breakout in Focus
Entry Zone: $4.240 – $4.290
Target 1 (TP1): $4.380
Target 2 (TP2): $4.490
Stop-Loss: < $4.170 (Protect against downside reversal)
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Game Plan
Breakout Strategy: Watch for strong volume above $4.330 — a clean break could open room for a fresh rally.
Pullback Entry: If price dips back into the $4.24–$4.25 range with support intact, it may offer a low-risk entry before the next leg up.
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Outlook: Solid structure, mid-range RSI, and building buyer interest — $DOT could be setting up for a textbook continuation move.