๐ DOT 4H Setup: Range-Base LONG
โ
๐ 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.
โ
๐งฑ Support: 0.940 / 0.928 / 0.869
๐ง Resistance: 0.962 / 0.983 / 1.018
โ
๐ฏ Entry zone: 0.940-0.945
๐ Stop loss: 0.928
โ
โ TP1: 0.962
โ TP2: 0.983
โ TP3: 1.018
โ
๐ก 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.
โ
โ ๏ธ Risk: a 4H close below 0.928 cancels the idea and exposes the 0.869 wick. Keep size small.
โ
Not financial advice. DYOR.
โ
$DOT $BTC
#Polkadot #TechnicalAnalysis #CryptoTrading #BinanceSquare
โ
๐ 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.
โ
๐งฑ Support: 0.940 / 0.928 / 0.869
๐ง Resistance: 0.962 / 0.983 / 1.018
โ
๐ฏ Entry zone: 0.940-0.945
๐ Stop loss: 0.928
โ
โ TP1: 0.962
โ TP2: 0.983
โ TP3: 1.018
โ
๐ก 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.
โ
โ ๏ธ Risk: a 4H close below 0.928 cancels the idea and exposes the 0.869 wick. Keep size small.
โ
Not financial advice. DYOR.
โ
$DOT $BTC
#Polkadot #TechnicalAnalysis #CryptoTrading #BinanceSquare
