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I bought the dip… now it’s digging deeper. 🚀📉😂
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How to Set Stop-Loss Correctly
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Polkadot ($DOT ) Short-term Outlook: Polkadot is expected to trade within a narrow intraday range of approximately $3.73 - $3.81, showing limited directional momentum. Traders should look for a potential move of up to ±5%, giving a realistic range between $3.79 and $3.99. Support and Resistance Angles:The analysis suggests DOT is closer to the $3.84 support level, with resistance forming near $3.95. If support holds, there could be an upside bounce toward the resistance zone. Technical Signals: The RSI (~55) indicates a neutral market - not overly bought or sold. DOT is trading above its 50- and 100-day EMAs, pointing to a modest bullish bias in the very short term. Expect Polkadot to hover between $3.80 and $4.00 over the next 24 hours. A breakdown below ~$3.80 could bring lows closer to ~$3.70 - $3.75, while a push above ~$3.95 - $4.00 may open the door to slightly higher intraday gains. Market conditions remain neutral, so look for a short-term bounce if support holds, or a dip if that level breaks.
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