This appears to be a 4-hour chart of Polkadot $DOT /USD on Coinbase, showing price levels, support/resistance, and RSI momentum.
Polkadot (DOT/USD) – 4H Chart Overview
Current Price
$4.614 — currently trading near multi-month support
Key Support Levels
$4.615 — historical support; currently being tested
$4.00 / $3.50 / $3.00 — deeper supports from 2022 lows
Key Resistance Levels
$5.50 — minor local resistance
$6.00 / $6.53 — key resistance zones if price bounces
RSI Analysis (Momentum)
RSI: ~64.81 (mid to strong momentum, not yet overbought)
If RSI approaches 70, watch for potential reversal or short-term pullback
If it holds above 50, uptrend can continue
Trade Setup Idea (Short-Term Bounce Play)
If DOT holds above $4.60 and confirms a bullish reversal:
Entry: $4.65–$4.75
Stop Loss: $4.45 (below key support)
TP1: $5.15
TP2: $5.50
TP3: $6.00 (swing level)
If it breaks below $4.60 with volume:
Wait for a retest or lower entries near $4.00–$3.50
Would you like a visual chart marked up with these levels or a swing trade vs intraday setup comparison?
#MEMEAct #TradeOfTheWeek #CryptoComeback #Write2Earrn #DOTUSD