🚀 Analysis of Currency $DOT (Polkadot)
The DOT token is one of the strong projects in the market, aiming to connect different blockchain networks and make them work together easily 🌐⚙️
This means its project addresses one of the biggest issues in crypto, which is secure and fast communication between different networks 👌
📊 In terms of technical analysis:
The DOT token is currently around $2.97 and shows positive indicators after a clear accumulation period 🔥
• RSI is close to 50 and has started to show a slight upward trend.
• MACD is near a positive crossover, which may support a near-term breakout.
• And the price is close to the 50-day moving average, which is usually a sign of a potential upward trend beginning.
💰 Entry Zone: $2.97
🎯 Targets:
• First: $3.4
• Second: $3.9
• Third: $4.5
🛑 Stop Loss: Break below $2.75 with a daily close
⚠️ Alert: The market is always volatile, so pay attention to any sudden movements.
💡 Tip: Don't invest all your capital at once, take it in stages and monitor the market continuously ✅