DOT’s Big Move Loading?
Major Resistance Levels:
$6.759 (Key neckline)
$10.395
$15.035 ⛔
Strong Support Levels:
$3.507 (Critical zone)
$3.169
$2.064 🛡️
Bullish Signal: Adam & Eve Bottom Forming?
This classic bullish reversal pattern could be forming on DOT's chart:
Adam: Sharp V-bottom
Eve: Rounded, softer base
Neckline: $6.759 – Breakout above this with volume = 🚀 potential rally!
If it breaks, the projected target could be significantly higher, mirroring the depth of the pattern. Big upside if confirmed!
Other Possible Moves:
1. Range-Bound Action 🔄
DOT may continue to bounce between $3.507 and $6.759 before deciding direction.
2. Breakdown Risk ⚠️
If $3.507 fails, watch $3.169 and $2.064. Bears might take over in that case.
3. Fakeout Warning ❌
DOT might hit $6.759, then fall back if volume is weak. A strong move needs strong conviction!
Key Things to Watch:
Market Mood: If the whole crypto market moves up, DOT likely follows.
Polkadot Ecosystem News: Parachain updates, tech upgrades = potential pumps.
Volume is Vital: Big breakout needs big volume. No volume = no real move.
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