$DOT Polkadot under seller pressure… can it turn the tables before support breaks?
Some coins rise on hype, while others are worth watching for the technology they offer. But even a strong project isn’t immune to a falling price!
Entry after a confirmed breakout above 0.8530 USDT
First target to watch: 0.8700 USDT
Second target to watch: 0.8940 USDT
Scenario invalidation level: below 0.8240 USDT
Entry: Wait for a four-hour candle to close above 0.8530, followed by a successful retest with improving trading volume.
Targets: nearby historical price highs, not a guarantee of profit.
Stop-loss: below the retest low once it forms, provided the distance to the first target allows for a suitable risk-reward ratio. If the price falls below 0.8240 before entry, the scenario is invalidated and should be reassessed.
These are watch levels derived from daily data, and there is not enough data available to confirm an immediate trade right now.
Some coins rise on hype, while others are worth watching for the technology they offer. But even a strong project isn’t immune to a falling price!
Entry after a confirmed breakout above 0.8530 USDT
First target to watch: 0.8700 USDT
Second target to watch: 0.8940 USDT
Scenario invalidation level: below 0.8240 USDT
Entry: Wait for a four-hour candle to close above 0.8530, followed by a successful retest with improving trading volume.
Targets: nearby historical price highs, not a guarantee of profit.
Stop-loss: below the retest low once it forms, provided the distance to the first target allows for a suitable risk-reward ratio. If the price falls below 0.8240 before entry, the scenario is invalidated and should be reassessed.
These are watch levels derived from daily data, and there is not enough data available to confirm an immediate trade right now.