📊 DOT 4H Setup: Range-Base LONG
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📉 Trend: Bearish bias. Price 0.947 sits under EMA20 0.959, EMA50 0.993 and EMA200 1.079, but it has held a tight 0.939-0.962 box for two days after the Oct 30 flush to 0.869.
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🧱 Support: 0.940 / 0.928 / 0.869
🚧 Resistance: 0.962 / 0.983 / 1.018
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🎯 Entry zone: 0.940-0.945
🛑 Stop loss: 0.928
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✅ TP1: 0.962
✅ TP2: 0.983
✅ TP3: 1.018
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💡 Why: buyers keep defending the box floor while selling pressure fades. A 4H close above 0.962 (EMA20 + range top) opens the move toward 0.983.
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⚠️ Risk: a 4H close below 0.928 cancels the idea and exposes the 0.869 wick. Keep size small.
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Not financial advice. DYOR.
⠀
$DOT $BTC
#Polkadot #TechnicalAnalysis #CryptoTrading #BinanceSquare
⠀
📉 Trend: Bearish bias. Price 0.947 sits under EMA20 0.959, EMA50 0.993 and EMA200 1.079, but it has held a tight 0.939-0.962 box for two days after the Oct 30 flush to 0.869.
⠀
🧱 Support: 0.940 / 0.928 / 0.869
🚧 Resistance: 0.962 / 0.983 / 1.018
⠀
🎯 Entry zone: 0.940-0.945
🛑 Stop loss: 0.928
⠀
✅ TP1: 0.962
✅ TP2: 0.983
✅ TP3: 1.018
⠀
💡 Why: buyers keep defending the box floor while selling pressure fades. A 4H close above 0.962 (EMA20 + range top) opens the move toward 0.983.
⠀
⚠️ Risk: a 4H close below 0.928 cancels the idea and exposes the 0.869 wick. Keep size small.
⠀
Not financial advice. DYOR.
⠀
$DOT $BTC
#Polkadot #TechnicalAnalysis #CryptoTrading #BinanceSquare
