🚨 POLKADOT (DOT) TRADE IDEA

📊 Technical Setup:

Entry Zone: ~$4.00 – $4.10

Stop-Loss: Below ~$3.96

Target 1: $4.31 – $4.40

Target 2: $4.60

Extended Target: $5.50 – $6.50 (if momentum continues)

⚖️ Risk-Reward:

Short-term setup: ~1.4 : 1

Swing trade: ~3 : 1

📈 Logic:

DOT recently reclaimed the 200-day SMA and broke out of a falling wedge formation. Strong support sits around $3.50–$3.70, while immediate resistance is near $4.37–$4.60. A successful breakout could open the path toward $5.50+.

🎯 Probability:

60–70% chance of hitting $4.31–$4.40

50–60% chance of $4.60

<40% chance of extended $5.50–$6.50 rally

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