$DOT /USDT NEUTRAL-BULLISH ANALYSIS
Polkadot (DOT) is currently trading around $4.101, slightly up (+0.47%), after a 24h low of $4.004 and testing a high of $4.182. Volume is moderate (9.34M DOT / 38.37M USDT), indicating balanced buying and selling pressure.
š Key Levels
Immediate Resistance: $4.140 ā $4.182 (short-term ceiling)
Major Resistance: $4.25 ā $4.30
Immediate Support: $4.080 ā $4.060
Major Support: $4.004 (24h low)
š Trade Setup
Bullish Scenario (trend continuation):
Entry: $4.08 ā $4.10
TP1: $4.18
TP2: $4.25
TP3: $4.30
SL: Below $4.06
Bearish / Range Scenario (if resistance holds):
Entry: $4.17 ā $4.18
TP: $4.10 ā $4.06
SL: Above $4.20
ā” Indicators to Watch
EMA (15m & 1h): DOT holding above short-term EMA ā mild bullish momentum.
MACD: Convergence near zero ā possible bullish crossover if volume rises.
Bollinger Bands: Tightening ā indicates potential breakout soon.
āļø Risk Management
Keep risk 2ā3% per trade.
Wait for volume confirmation before chasing breakout.
Scale out profits at TP levels.
I can also create a short-term DOT price projection table for the next week with probable bullish and bearish scenarios if you want a clearer roadmap. Do you want me to do that?
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