$DOT

– Bullish Breakout Alert 📈

Position: LONG

Market Overview (4H Chart)

Polkadot $DOT has shown a rare bullish reversal from a descending triangle pattern — a setup that usually signals bearish continuation. Instead, price broke upwards, which is a strong bullish sign.

Key Technicals:

Breakout Level: Price broke above horizontal resistance at $3.803.

Local High: After breakout, $DOT rallied to

Current Price: Trading at $3.929, slightly below the recent peak.

Volume: Breakout was supported by strong buying pressure, confirming momentum.

What’s Next?

The chart suggests a potential pullback to retest the $3.80–$3.83 zone (previous resistance → now expected support).

If this zone holds, buyers may step in again, pushing (DOT) higher in a continuation rally.

Trade Strategy:

Entry Zone: $3.80–$3.83 (wait for a bounce confirmation)

Target 1: $4.20

Target 2: $4.50

Invalidation: Close below $3.78 would weaken the bullish case.

Technical Summary:

Breakout ✅ → Retest (expected) 🔄 → Continuation 🚀

This setup is considered high-probability when the breakout is clean and supported by volume, as seen here.

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