$DOT #DOT 📉
Direction: SHORT
Entry zone: 0.9359 to 0.9396
Stop loss: 0.9518
Target 1: 0.9190
Target 2: 0.9049
Polkadot is trading near 0.9378 dollars, up just 0.09 percent in 24 hours, inside a range of 0.9259 to 0.9481, and it is drifting down from the top of that range. My reading is that a coin going nowhere in a fear market is a short at the top of its drift, because the recent closes slid slowly, 0.9453, then 0.9406, then 0.9412, then 0.9378, which is buyers spending a whole session to lose ground while Bitcoin still struggles below 78,037. 📊 A short from the current zone, with a stop above 0.9518, targets 0.9190 first and then 0.9049 if selling continues. A recovery above 0.9518 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 Polkadot fall to 0.9190 first, or recover above 0.9518? 🤔
Follow for more trades.
#Polkadot #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.9359 to 0.9396
Stop loss: 0.9518
Target 1: 0.9190
Target 2: 0.9049
Polkadot is trading near 0.9378 dollars, up just 0.09 percent in 24 hours, inside a range of 0.9259 to 0.9481, and it is drifting down from the top of that range. My reading is that a coin going nowhere in a fear market is a short at the top of its drift, because the recent closes slid slowly, 0.9453, then 0.9406, then 0.9412, then 0.9378, which is buyers spending a whole session to lose ground while Bitcoin still struggles below 78,037. 📊 A short from the current zone, with a stop above 0.9518, targets 0.9190 first and then 0.9049 if selling continues. A recovery above 0.9518 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 Polkadot fall to 0.9190 first, or recover above 0.9518? 🤔
Follow for more trades.
#Polkadot #Crypto #FuturesTrading #TradingSignals
