🚀 DOT/USD: Is the Bottom In? Bulls Watching Reversal Zone Closely! 🔄🔥*
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📍 *Current Price:* *3.342* (–5.48
Polkadot (DOT) is catching fresh attention as price action hints at a potential reversal from recent lows. Traders are watching key levels closely as technical patterns begin to turn bullish 👀📈
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📉 *What’s Happening on the Chart?*
- 🔁 *Triple/Double Bottom Forming:* Price has bounced multiple times around3.47–3.60 — a classic sign that sellers may be losing steam
- 📈 *Falling Channel Breakout:* DOT has dipped 224.55 peak but is now showing signs of breaking out of a descending channel
- 🧱 *Strong Buy Zone:* Buyers historically step in around 3.75–3.80, with 3.95–4.00 acting as the key psychological level
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📊 *Trending Signals:*
- RSI recovering from oversold = potential bounce setup 🔄
- MACD nearing bullish crossover on lower timeframes 📊
- Volume uptick near support zone = growing interest 💥
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🎯 *Targets to Watch:*
- *TP1:* 3.75 (near-term bounce)
- *TP2:*4.00 (key resistance reclaim)
- *TP3:* 4.25 (if breakout gains momentum)
- *Support Zone:*3.47–3.60
- *Stop-Loss:* Below3.30 (if structure breaks down)
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🔮 *Prediction & Analysis:*
If DOT can hold above the 3.47–3.60 support zone, bulls could push for a move back toward 4.00+. Breaking above that opens the door to4.25+. But a drop below $3.30 might delay any bounce — so caution is key 🧠⚠️
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🔥 *Eyes on volume and RSI – if momentum builds from here, DOT could surprise to the upside!*
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