DOT/USDT – $3.00: The Battle for the Bottom Range
Trade Setup:
Entry Zone: $2.990 – $3.020
Target 1: $3.150
Target 2: $3.280
Target 3: $3.400
Stop Loss: $2.900
This chart shows Polkadot attempting to recover after a sharp sell-off, with the price now testing the crucial $3.00 level, which coincides with the MA(7) and MA(25) confluence. The long-term trend remains challenging, but the massive 71.87% Bid volume suggests strong underlying accumulation at this price floor. A confirmed hold above the moving averages is needed to confirm a short-term reversal back toward the $3.40 high.
DOTUSDT
Perp
2.843
+1.79%
#Polkadot #DOT #CryptoTrading #TechnicalAnalysis #PriceAction
