$DOT Rebounds from Flash Crash – Can Bulls Sustain the Momentum?
Polkadot (DOT) is trading at $3.678 after a sudden spike to the downside that was quickly bought up, forming a strong lower wick. This signals buyer strength near the $3.60 zone and suggests potential for a trend reversal. If DOT holds above $3.66, a move toward $3.75 or higher is on the table. But losing support again could invite another drop.
Trade Setup:
Entry (Long): $3.66 – $3.69
Stop Loss: $3.61
Target 1: $3.74
Target 2: $3.80
Target 3: $3.86