๐จ $DOT /USDT โ Oversold or Over? Will Polkadot Catch a Bounce? ๐ฏ๐งจ
#Polkadot has dipped -3.27%, now trading at $3.849 after touching a low of $3.796. With RSI nearing oversold and price close to long-term support, could a reversal be near?
๐ Market Overview
๐ Current Price: $3.849
๐ 24h High: $4.084
โ๏ธ 24h Low: $3.796
๐ Parabolic SAR: $3.283 (Still above trend base support)
๐ MACD Momentum:
โข DIF: 3.976 (Bearish slope)
โข DEA: 3.803
โข MACD: 0.173 (Barely bullishโwatch closely)
๐ DOT Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If DOT holds above $3.80):
โข Entry: Above $3.90
โข Targets: $4.08, $4.15, $4.30+
โข Stop-Loss: $3.73
๐น Bearish Scenario (If DOT breaks below $3.73):
โข Entry: Below $3.73
โข Targets: $3.63, $3.45, $3.30
โข Stop-Loss: $3.90
๐ Should You Hold or Sell?
โ MA(99) at $3.734 = strong long-term support
โ RSI at 29.42 = oversold territoryโpotential bounce zone
โ ๏ธ MA(7) and MA(25) tilting down = short-term trend still bearish
๐ก Pro Tip:
๐ A bounce above $3.90 with >300K volume could ignite a recovery toward $4.30
โ ๏ธ If $3.73 fails, DOT may slide quickly to $3.45 or even $3.30
๐ข Whatโs your game planโloading the dip or waiting for breakout confirmation?
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