🚨 $DOT /USDT – Polkadot Gaining Strength: Breakout or Blow-Off? 🎯🚀
$DOT has pushed to $3.37 with a +2.18% gain, testing its 99-day moving average! Is this the start of a breakout wave—or a trap before the drop? Let’s find out 👇
📊 Market Overview
📍 Current Price: $3.37
📈 24h High: $3.394
❄️ 24h Low: $3.274
📌 Parabolic SAR: Bullish signal active
📊 MACD Momentum:
• Momentum building steadily
• Bullish crossover near confirmation
📈 Key Indicators
MA(7): 3.327
MA(25): 3.320
MA(99): 3.369
RSI(6): 74.46 (Entering overbought territory—strong bullish pressure)
📈 DOT Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If DOT Holds Above $3.35):
Entry: Above $3.39
Targets: $3.47, $3.59, $3.72+
Stop-Loss: $3.26
🔹 Bearish Scenario (If DOT
DOT Falls Below $3.26):
Entry: Below $3.25
Targets: $3.22, $3.10, $3.00
Stop-Loss: $3.39
🔍 Should You Hold or Sell?
✅ Price reclaiming MA(99) with RSI >70 = breakout momentum
✅ Consolidation above $3.35 = strength for continuation
⚠️ Rejection at $3.39 could trigger quick dips to $3.22 or lower
💡 Pro Tip:
🚀 A confirmed breakout above $3.47 with volume = green light toward $3.70+
⚠️ Overbought RSI can precede short-term pullbacks—tighten stops if you're in profit
📢 Are you riding the DOT wave or waiting for a reset? Let’s discuss in the comments! 💬
🔥 LIKE & SHARE if this helped your trading view! 📊💥