TradeStories #TradeOfTheWeek
Polkadot (DOT) has shown impressive momentum this week. After consolidating near $4.22, it surged to a high of $4.71, marking a 9.81% increase over the last 24 hours.
I entered a long position at $4.30, anticipating a breakout above the $4.50 resistance. The move was fueled by positive sentiment around the upcoming Polkadot 2.0 upgrade and increased stablecoin activity on the network.
Exited at $4.65, securing a solid gain. This trade underscores the importance of staying updated with network developments and market sentiment.