$DOT /USDT – Key Reversal Zone in Focus ⚡
Polkadot ($DOT) is currently trading within a critical inflection zone, marked by support at $4.06 and resistance at $4.20. After bouncing off the lower boundary of this range, bullish momentum is beginning to re-emerge as traders attempt to reclaim control.
The immediate price action is centered around $4.10, a pivotal level that could act as the launchpad for the next leg up. A clean break and sustained close above $4.10 would signal renewed strength from buyers and open the door for a move toward key resistance levels.
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🔍 Trade Setup
Entry: $4.10 (on confirmed strength)
Stop Loss: Below $4.058 (to protect against a false breakout)
Target 1 (TP1): $4.15 – First short-term resistance
Target 2 (TP2): $4.20 – Full range extension
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📊 Market Insight
On lower timeframes (LTFs), the market structure remains neutral-to-bullish, suggesting a potential breakout is forming. However, confirmation is crucial — traders should closely monitor price behavior around the $4.10 level.
If bulls manage to hold this zone and flip it into support, a continuation toward resistance is likely. Failure to hold $4.10, however, may lead to increased sell pressure, pushing price back toward the $4.06 support or even lower.
This is a high-alert zone, especially for short-term scalpers and intraday traders seeking quick setups. Volume, momentum indicators, and candlestick closes near this level will be key signals for the next directional move.
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