$DOT /USDT Trading Analysis – Bullish Momentum in Play!

Polkadot ($DOT ) is currently showing strong bullish momentum, trading at $4.519, up 6.10% in the last 24 hours. The price recently tested a 24-hour high of $4.543 and is holding above key support levels, indicating potential for further upside.

Trade Signal – Long Opportunity

Entry: Buy near $4.50 – $4.52

Target 1: $4.60 (Short-term resistance)

Target 2: $4.75 (Potential breakout level)

Stop Loss: Below $4.42 (Recent support)

The market structure remains positive, with higher highs and higher lows forming on the 15-minute chart. If the price sustains above $4.50, we could see a continuation of the uptrend. However, a break below $4.42 would indicate weakness, making the stop-loss placement crucial.

Tip: Keep an eye on volume and momentum—strong buying pressure above $4.55 could accelerate gains towards $4.75+. Happy trading!

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