๐จ Polkadot (DOT) Technical & Trade Update ๐จ
Current Price: $3.85
๐ Technical Overview
Short-term signals: Bullish โ
Long-term trend: Bearish โ ๏ธ
RSI ~51 (Neutral) | Stoch ~69 (Buy) | MACD (Sell)
Volatility remains high
๐ Key Levels
Support: $3.71 โ $3.73
Resistance: $3.82 โ $3.85
๐ Trade Setup
Range traders: Look for buys near support with tight stops
Breakout traders: Watch for a clean move above $3.85 to target $3.90 โ $4.00
Risk management is crucial as DOT still shows bearish pressure on higher timeframes
๐ค Are you buying this dip or waiting for a breakout?
