$DOT #DOT 🚀
Direction: LONG
Entry zone: 0.848 to 0.856
Stop loss: 0.838
Target 1: 0.865
Target 2: 0.878
Polkadot is trading near 0.854 dollars, up 2.23 percent in 24 hours, inside a range of 0.8253 to 0.8691 dollars, and the recent closes show buyers cooling off after the push, 0.8597, then 0.8581, then 0.8532, then 0.8541, then 0.8528. 🟢 My reading is that DOT is pulling back gently after leading the bounce, because a 2.23 percent day while Bitcoin is up only 1.32 percent tells you buyers chose this coin first, and a shallow pullback toward 0.85 is where the next leg usually starts. A long from the current zone, with a stop below 0.838, targets 0.865 first and then 0.878 if buyers break the range high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does DOT break 0.865 tonight, or lose 0.838 first? 🤔
Follow for more trades.
#Polkadot #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 0.848 to 0.856
Stop loss: 0.838
Target 1: 0.865
Target 2: 0.878
Polkadot is trading near 0.854 dollars, up 2.23 percent in 24 hours, inside a range of 0.8253 to 0.8691 dollars, and the recent closes show buyers cooling off after the push, 0.8597, then 0.8581, then 0.8532, then 0.8541, then 0.8528. 🟢 My reading is that DOT is pulling back gently after leading the bounce, because a 2.23 percent day while Bitcoin is up only 1.32 percent tells you buyers chose this coin first, and a shallow pullback toward 0.85 is where the next leg usually starts. A long from the current zone, with a stop below 0.838, targets 0.865 first and then 0.878 if buyers break the range high. A drop below the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does DOT break 0.865 tonight, or lose 0.838 first? 🤔
Follow for more trades.
#Polkadot #Crypto #FuturesTrading #TradingSignals
