$DOT $DOT $DOT

DOT/USDT 4H Analysis

Chart Breakdown & Market Outlook

Current Price: $3.708

Timeframe: 4H

Exchange: Binance

Chart Pattern:

⚠️ Ascending Triangle Formation spotted on the 4H chart! This bullish pattern is forming with consistent higher lows and a horizontal resistance zone around $3.70–$3.80. Breakout incoming?

Support & Resistance Levels:

🔹 Strong Resistance Zone: $3.70 - $3.80 (price struggling to break above)

🔸 Key Support Levels:

$3.60 (triangle base)

$3.5175

$3.4061

$3.3322

Volume Analysis:

📊 Volume remains relatively stable with small spikes on bullish candles — indicating accumulation. A volume breakout above the resistance zone could confirm a strong upside move!

Bullish Breakout Scenario:

If DOT breaks and closes above $3.80 with strong volume, next resistance targets are:

🚀 $3.94

🚀 $4.00

🚀 $4.08

Bearish Rejection?

If price gets rejected and breaks the ascending trendline, watch for downside moves toward:

🔻 $3.5175

🔻 $3.4061

🔻 $3.3322

My Eyes Are On:

A clean breakout above the gray resistance zone with rising volume for a bullish confirmation!

No breakout? Then potential pullback to retest support.

Final Thoughts:

Keep your alerts ON!

This triangle is squeezing tight — a move is coming!

#CryptoAnalysis#Binance #chartpatterns #TA #BreakoutIncoming #CryptoTrading