$DOT trading signals:
🔍 Market Overview & Tech Summary
DOT currently trades around $4.28, holding key support near $3.97–$4.00, with resistance between $4.11–$4.13.
Yesterday’s 6% surge above $4.10 formed an ascending channel breakout, reinforcing bullish sentiment.
Ahead of the June 11 ETF decision, volume and funding rates are rising—an uptick in long positions, pointing to bullish positioning.
📊 Trading Signals
Buy Signal: Above $4.13, with confirmed volume and ETF optimism, expect continuation toward $4.37–$4.40.
Hold Signal: Between $4.00–$4.13, favorable for swing holding—momentum remains cautiously bullish, awaiting catalyst (ETF ruling, parachain activity).
Sell Signal: If DOT drops below $3.97, weakness may lead to further decline toward $3.90.
⚙️ Strategy Summary:
DOT is in a tight range with significant potential. Aggressive traders might consider entering long on a $4.13 breakout, targeting $4.37–$4.40 amid ETF hopes. Conservative investors are advised to hold if staying above $4, waiting for clearer catalysts. A breakdown below $3.97 should trigger stop-losses or profit-taking—risk rises toward $3.90.
Key short‑term pivot: ETF decision on June 11—could spark strong volume and bias. Tech pattern indicates a bullish realm, but caution is warranted due to tight range and upcoming news.
