$DOT is trading at $1.37, up 2.62%, with the supplied analysis pointing to higher lows on the four-hour chart and moderate accumulation. Its short-term structure is constructive, but resistance at $1.44 must be addressed before the higher targets become relevant. The main concern is substantial overhead resistance on the daily timeframe, which could limit follow-through even if the short-term trend remains positive.
๐ Bias: Neutral to Bullish | ๐ฏ Entry: $1.34โ$1.37 | ๐ก Support: $1.28 | ๐ง Resistance: $1.44 | ๐ฏ Targets: $1.45 / $1.52 / $1.60 | โ Invalidation: Under $1.25
Strategy: Watch for support to hold within the entry zone, followed by a confirmed move through $1.44. Treat the daily overhead resistance as a reason for caution.
#Polkadot #DOT #CryptoTrading #TechnicalAnalysis #BinanceSquare
๐ Bias: Neutral to Bullish | ๐ฏ Entry: $1.34โ$1.37 | ๐ก Support: $1.28 | ๐ง Resistance: $1.44 | ๐ฏ Targets: $1.45 / $1.52 / $1.60 | โ Invalidation: Under $1.25
Strategy: Watch for support to hold within the entry zone, followed by a confirmed move through $1.44. Treat the daily overhead resistance as a reason for caution.
#Polkadot #DOT #CryptoTrading #TechnicalAnalysis #BinanceSquare