Polkadot is marching above the 5‑day EMA, trading near 6.15 as fresh institutional demand lifts sentiment. The looming parachain auction adds a narrative catalyst for the next leg up.

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🟢 $DOT LONG 📈
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📍 Entry Range: $1.2298 – $1.2322
🛑 Stop Loss: $1.1941 (-3.0%)
🎯 TP1: $1.2495 (+1.5%)
🏆 TP2: $1.2926 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A change of character broke the descending swing, and the CVD turned bullish confirming the move. The price is sitting in a fair‑value gap that overlaps an order block, creating a point of interest where supply was previously trapped. With volume backing the break, the confluence signals a strong long bias.

A 3.0 % stop is relatively tight on this volatility, so keep leverage modest—around 2‑3×.

Take half profit around the first target near 6.45 to lock in gains.

As always: manage your risk, this is not financial advice 🙏

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