This is My Trade I am holding Long Position in Polka Dot
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๐จ $DOT Spot Trade Setup โ Technical Outlook ๐จ
๐ Entry Zone: $3.50 โ Testing major historical support, forming a strong accumulation base.
๐ DOT has shown multiple bounces from this zone during past cycles, signaling a potential reversal.
๐ Technical Analysis:
Oversold RSI on the daily chart suggests bullish divergence building.
MACD crossover turning positive, indicating growing momentum.
Volume spike near the lows โ whales possibly accumulating.
DOT breaking above the 20-day EMA could confirm a trend reversal.
๐ฏ Take Profit Targets:
TP1: $6.50 โ Mid-range resistance
TP2: $11.00 โ Breakout zone from previous cycle
TP3: $16.00 โ Major resistance and psychological level
๐ Strategy: Spot Buy & Hold โ Ideal for swing traders looking for 3xโ4x potential from the bottom.
๐ฏ Patience + Risk Management = Profit
