🚨 Polkadot (DOT) Bull Run Alert! 🚨
DOT is showing strong bullish signs, making it a top contrarian pick!
Why DOT?
High Staking Yield: Earn ~11.5% APY, outperforming many Layer-2s.
3-Year Consolidation: DOT has been consolidating between $3.76 & $11.33, similar to Monero's pre-surge pattern. This indicates an accumulation phase under Wyckoff Theory, signaling potential for a big markup.
Triple Bottom Formed: A strong triple bottom at $3.76, a level not breached since 2023, suggests robust support.
Price Targets:
Initial Rebound: A likely bounce to $11.32, a potential 132% gain.
Further Upside: A break above $11.32 could lead to the 50% retracement level at $30, a massive 500% increase from current levels!