๐ DOT/USDT โ Has the technical explosion begun?
The Polkadot DOT coin is now at $4.49, after a strong breakout of the pivotal resistance area $4.28โ$4.30.
The move is supported by upward momentum and very promising candle signals.
๐ง Market background and candle behavior:
๐ Price action: DOT successfully broke through historical resistance, and the current price confirms an organized upward movement.
๐ Candle signals: 4-hour candles closing near the peaks, with no long upper wicks โ evidence of buyer dominance!
๐ Trading volume: Increased with the breakout and then calmed down a bit, reflecting a 'successful retest' and not a false breakout.
๐ Whale signals and technical analysis:
Trend structure: A series of rising peaks and troughs โ a classic signal of a trend change.
Retest: The price is retesting the breakout area ($4.28โ$4.30). Continued stability here means additional upward movement is near.
Indicators: The RSI indicator is still positive above 50, and the MACD supports the upward trend.
๐ฅ What are we watching now?
Smart entry: Closing a 4-hour candle above $4.49 will be a strong buy signal.
Idea cancellation: A break and close below $4.28 temporarily cancels this scenario.
Upward targets:
โข $4.94โ$5.00: The first strong resistance area
โข $5.50+: The extended target if the current momentum continues
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Summary for followers:
DOT has provided one of the cleanest breakout signals โ supported by momentum and institutional interest.
As long as it stays above $4.30โ$4.49, the path towards $5.00 and **$5.50** is open.
An opportunity that may not come around quicklyโฆ Are you ready to enter before the explosion? ๐ฅ
