đ DOT Ready for a Breakout? đđ„ Accumulation at Key Support Zone! đĄïžđ
Polkadot ($DOT) is currently trading near the lower boundary of a long-term parallel channel on the weekly timeframe đ
Hereâs what the chart is telling us:
đ Key Observations:
â Strong buying pressure is building up in this critical demand zone
â Increased volume indicates potential smart money accumulation
â Holding this support could trigger a strong bullish reversal!
đŻ Potential Upside Targets:
đž $6.10 â First bounce target
đž $7.90 â Mid-channel resistance
đž $11.00 â Breakout confirmation zone
đž $16.00 â Major resistance from past highs
đ„ Why This Matters:
Polkadot is a top-tier Layer-0 protocol with expanding utility and parachain ecosystem.
When support + volume + structure align = explosive opportunity ahead!
#cryptouniverseofficial #USHouseMarketStructureDraft #FOMCMeeting $DOT