$DOT READY TO BREAKOUT — BULLISH CONTINUATION IN PLAY
Polkadot (
$DOT ) is flashing strength after reclaiming key support and forming a textbook bullish flag on the 4H chart. Momentum is building, and volume confirms accumulation. With BTC holding above $27.5K, altcoins like DOT are primed for continuation.
MARKET DIRECTION: Bullish
ENTRY: $4.20
TP1: $4.45
TP2: $4.68
TP3: $5.00
SL: $3.95
RISK MANAGEMENT:
Use 2–3% of portfolio per trade. SL placed below flag support and 200 EMA. If price closes below $4.00 on 4H, consider exiting early. Avoid overleveraging—this is a momentum setup, not a reversal.
TECHNICAL NOTES:
- Bullish flag breakout confirmed with volume
- 200 EMA acting as dynamic support
- RSI holding above 55, suggesting strength
- MACD crossover on 4H chart
- Fibonacci extension aligns TP3 with 1.618 level
$DOT #BullishFlag #AltcoinSetup #MomentumTrade #PolkadotAnalysis #CryptoTA