Massive Long Liquidation Alert for Polkadot ($DOT ).

Liquidation Amount: $2,153.7K
Liquidation Price: $7.242

The bulls have faced a critical blow as $2.1537K worth of long positions were liquidated at the key level of $7.141! This event signifies heightened volatility in the market.

What Does This Mean.

Bullish Traders: Long positions liquidated at this level could indicate over-leveraged positions getting wiped out.

Bearish Pressure: Bears might dominate the scene for a while, pushing $DOT to test lower supports.

Key Levels to Watch.

Support Zone:

Immediate support sits around $6.80–$6.90. A break below could signal more downside.

Resistance Zone:

If the price recovers, the first resistance lies at $7.20, followed by $7.50.

Trader's Takeaway.

For Long-Term Bulls: Consider adding at key support levels, with proper risk management.
For Short-Term Bears: Opportunities for shorting arise if $DOT fails to hold above $7.00.

Stay Cautious.
The crypto market is a battlefield, and moments like these can offer both risks and rewards.

#DOT/USDT #BinanceAlphaAlert #SolvProtocolMegadrop #BTCMiningPeak #MicroStrategyStockSale

Lets discuss why polkadot has the potential to reach to 24$:
1. When we look at weekly chart Polkadot has break the descending triangle in november and December, now polkadot retested the weekly descending triangle.
2. Polkadot is having Polkatdot 2.0 soon… $DOT