$DOT Holding the Line Near $5.00 Support!!!
Can Polkadot bounce from this level or is more downside coming???
$DOT is currently trading at $5.076, holding just above the psychological and technical support at $5.00. Bulls are trying to regain control after recent weakness.
Key Levels:
Support: $4.880
Resistance: $5.220
Trade Setup:
Entry Zone: $5.000 – $5.080
Targets:
Target 1: $5.220
Target 2: $5.400
Target 3: $5.600
Stop Loss: $4.850
Suggestion: Buy near $5.00 with a tight stop. Break above $5.22 could trigger bullish continuation.