$DOT /USDT Trade Analysis & Signal – March 1, 2025

Polkadot ($DOT ) is showing signs of a potential recovery after bouncing from its recent low of $3.78 and trading at $4.792 with a 1.38% gain. The 24-hour high is $4.799, and the 24-hour low is $4.454, indicating some volatility but also buying interest near support levels.

Technical Analysis & Trade Signal:

EMA Levels: The price is currently below the 25 EMA ($5.020) and 99 EMA ($5.871), suggesting that the overall trend is still bearish. However, the 7 EMA ($4.792) is aligning with the current price, hinting at a possible short-term breakout.

Support & Resistance:

Support: $4.45 - $4.50

Resistance: $5.00 - $5.27

Trade Signal:

Entry: Buy near $4.70 - $4.75 if the price sustains above $4.75

Targets:

Target 1: $5.00

Target 2: $5.25

Target 3: $5.85 (long-term)

Stop Loss: $4.45 (to protect capital from downside risks)

Conclusion:

DOT/USDT is showing early signs of recovery, but a strong move above $5.00 is needed for a solid uptrend confirmation. Traders should enter cautiously and manage risk with a tight stop-loss. A breakout above the 25 EMA ($5.02) could lead to a bullish momentum shift. Happy trading!#CMEsolanaFutures #BTCRebundsBack #MemesNotSecurity #SHELLAirdropOnBinance #Write2Earn! $DOT