๐ Is DOT About to Surge? Polkadot ($DOT ) Trading Setup Inside ๐
๐ Current Price: $4.52
๐ฅ 24h Change: +3.67%
๐ 24h Volume: ~$500M
๐ฆ Market Cap: ~$7.24B
๐Ranking: Top 22 crypto
๐ Technical Breakdown
- Support Level: $4.30
- Resistance: $4.80โ$5.00
- RSI: ~64 โ bullish, not overbought
- Trend: Bullish
- Strong institutional interest: Grayscale, JAM upgrade, ETF speculation
- Greed sentiment rising (index ~72)
Price Forecast:
๐ข Short-Term trade plan (1โ7 days):
โ Entry Zone: $4.40โ$4.52
๐ฏ TP1: $4.80
๐ฏ TP2: $5.40
๐ Stop-Loss: $4.30
๐ก Mid-Term (2โ6 weeks):
- Target: $5.40โ$6.00 if breakout confirmed
- Accumulation Zone: $4.00โ$4.30 on dip
๐ด Risks:
- Volatility during BTC/ETH corrections
- Resistance rejection near $5.00
- Delay or failure in ETF catalyst
โ๏ธ Follow for more setups & signal-based breakdowns.