Technical Analysis - Buying Opportunity on Currency $DOT 🔍
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The Polkadot currency ($DOT ) is one of the projects that focus on connecting networks together and facilitating the exchange between different blockchains. The current price is moving above important support levels, which usually indicates quiet accumulation before an upward movement.
💰 Current Price: 3.22$
🎯 Important Areas to Monitor:
• Strong Support: 3.10$
• Nearby Resistance: 3.40$
🎯 Targets:
• First Target: 3.65$
• Second Target: 3.95$
• Long-Term Target: 4.50$
🛑 Stop Loss:
• Clear break below 3.05$ with a close.
📊 Technical Indicator Analysis:
• RSI around 56 → the situation is normal and there is no buying saturation.
• MACD is leaning towards gradual positivity, needs confirmation above resistance 3.40$.
• Trading volume is stable → likely a phase of accumulation, not selling.
💡 My Personal Opinion:
As long as the price maintains 3.10$, the situation is positive.
A breakout above 3.40$ with a 4-hour or daily close opens the way towards 3.65$ then 3.95$.
⚠️ Warning:
This is personal analysis only, not financial advice.
Capital management is more important than any target
