Bit_Guru
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Bullish
$DOT Approaching Symmetrical Triangle Apex – Big Move Imminent! 🚨
Polkadot ($DOT ) is trading at $10.306, currently consolidating within a symmetrical triangle pattern on the 4-hour chart. With shrinking volatility, DOT is nearing the apex of the triangle, signaling a potential breakout in either direction.
💡 Key Levels to Watch 💡
Resistance: $10.640 – Breakout above could trigger bullish momentum.
Support: $10.190 – Breakdown below may lead to further downside.
📈 Bullish Scenario:
Entry: Above $10.640
Take Profits: $11.000, $11.300, $11.800
Stop Loss: $10.400
📉 Bearish Scenario:
Entry: Below $10.190
Take Profits: $9.800, $9.500, $9.200
Stop Loss: $10.400
⚠️ Prediction:
The symmetrical triangle suggests a potential breakout. A breach of the resistance could see DOT rally toward $11.800 or beyond, while a breakdown below support might drive the price toward $9.200. Trade cautiously, as volume will confirm the next move.
#cryptotipshop #DOT_UPDATE #TradingSignals #Share1BNBDaily #Write2Earn!
Polkadot ($DOT ) is trading at $10.306, currently consolidating within a symmetrical triangle pattern on the 4-hour chart. With shrinking volatility, DOT is nearing the apex of the triangle, signaling a potential breakout in either direction.
💡 Key Levels to Watch 💡
Resistance: $10.640 – Breakout above could trigger bullish momentum.
Support: $10.190 – Breakdown below may lead to further downside.
📈 Bullish Scenario:
Entry: Above $10.640
Take Profits: $11.000, $11.300, $11.800
Stop Loss: $10.400
📉 Bearish Scenario:
Entry: Below $10.190
Take Profits: $9.800, $9.500, $9.200
Stop Loss: $10.400
⚠️ Prediction:
The symmetrical triangle suggests a potential breakout. A breach of the resistance could see DOT rally toward $11.800 or beyond, while a breakdown below support might drive the price toward $9.200. Trade cautiously, as volume will confirm the next move.
#cryptotipshop #DOT_UPDATE #TradingSignals #Share1BNBDaily #Write2Earn!
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