$DOT Strong uptrend; as long as it holds above 1.20, the overall market structure remains bullish
· Price is showing a parabolic uptrend, reaching a local high of 1.29. It is now undergoing short-term consolidation or a pullback to cool off overbought conditions.
$DOT Long scenario (preferred)
· Long entry: 1.20 - 1.25 (retest of the breakout structure)
· Stop loss: below 1.17
· Take profit: TP1: 1.30, TP2: 1.35, TP3: 1.40
⚠️ A clean breakout above 1.30 could trigger a strong continuation.
Support me with this trade👇#dot #Polkadot
· Price is showing a parabolic uptrend, reaching a local high of 1.29. It is now undergoing short-term consolidation or a pullback to cool off overbought conditions.
$DOT Long scenario (preferred)
· Long entry: 1.20 - 1.25 (retest of the breakout structure)
· Stop loss: below 1.17
· Take profit: TP1: 1.30, TP2: 1.35, TP3: 1.40
⚠️ A clean breakout above 1.30 could trigger a strong continuation.
Support me with this trade👇#dot #Polkadot