#DOTUSD
HTF Analysis:
@Follow&Like
on the daily timeframe has formed one of the cleanest inverse head and shoulders patterns — and the structure is now complete, signaling a bullish reversal setup. Currently, $DOT is approaching its horizontal resistance zone and has been hovering around it for a few days. That kind of consolidation near resistance usually means the level is weakening.
Once $DOT flips this resistance into support, it opens up a solid long opportunity. Till then, keep monitoring the chart — the breakout could come anytime.
Dot is the native token of Polkadot, a blockchain platform designed to connect multiple blockchains into one unified network. It enables interoperability, scalability, and shared security. Dot is used for governance, staking, and bonding within the ecosystem, making it a vital asset in the growing multichain future of Web3.
