$DOT is showing a bullish reversal structure after a clean break above local resistance at $4.10. Price is now $4.25, with RSI reclaiming 60 and a 62% buy order imbalance supporting the supplied market structure. The decline in OI alongside the price surge indicates significant short-covering. Attention remains on $4.00 support and $4.55 resistance.
📈 Bias: Bullish Reversal | 🎯 Entry: $4.15 – $4.25 | 🛡 Support: $4.00 | 🚧 Resistance: $4.55 | 🎯 Targets: $4.48 / $4.75 / $5.10 | ❌ Invalidation: $3.92
Strategy: Confirmation entry following the local resistance break or support entry within the defined zone.
#DOT #Polkadot #CryptoTrading #Binance #TechnicalAnalysis
📈 Bias: Bullish Reversal | 🎯 Entry: $4.15 – $4.25 | 🛡 Support: $4.00 | 🚧 Resistance: $4.55 | 🎯 Targets: $4.48 / $4.75 / $5.10 | ❌ Invalidation: $3.92
Strategy: Confirmation entry following the local resistance break or support entry within the defined zone.
#DOT #Polkadot #CryptoTrading #Binance #TechnicalAnalysis
