Yello, Paradisers! Is DOTUSDT on the verge of a breakout, or will the bears crush the momentum? Read on this is a critical moment!
💎#DOTUSDT is showing strong bullish momentum, bouncing off the demand zone above $4.582, signaling that buyers are stepping in and defending key levels. The market structure remains favorable for the bulls, but a crucial test is ahead.
💎The price is trading above both the 50 EMA and the 200 EMA, which is a strong indication that the uptrend is intact. Volume is increasing near demand zones, suggesting that buyers are actively supporting the price. This reinforces the strength of the trend, with green candles showing a strong buying push and minimal wicks, indicating low selling pressure.
💎If POLKADOT successfully breaks and holds above $5.00 with strong volume, the next upside target is $5.30, a major resistance zone. A decisive breakout here could open the door for an even stronger rally. However, if DOT fails to break $5.00 and retraces, the lower demand zone at $4.465 will be a key area to watch for a potential bullish rebound. A close below $4.215 would invalidate the bullish setup and shift momentum in favor of the bears.
Patience is key, Paradisers! If we see a confirmed breakout, we act. If not, we wait. Discipline is what separates traders from gamblers. Stay sharp and trade smart! 🎖
MyCryptoParadise
iFeel the success 🌴
💎#DOTUSDT is showing strong bullish momentum, bouncing off the demand zone above $4.582, signaling that buyers are stepping in and defending key levels. The market structure remains favorable for the bulls, but a crucial test is ahead.
💎The price is trading above both the 50 EMA and the 200 EMA, which is a strong indication that the uptrend is intact. Volume is increasing near demand zones, suggesting that buyers are actively supporting the price. This reinforces the strength of the trend, with green candles showing a strong buying push and minimal wicks, indicating low selling pressure.
💎If POLKADOT successfully breaks and holds above $5.00 with strong volume, the next upside target is $5.30, a major resistance zone. A decisive breakout here could open the door for an even stronger rally. However, if DOT fails to break $5.00 and retraces, the lower demand zone at $4.465 will be a key area to watch for a potential bullish rebound. A close below $4.215 would invalidate the bullish setup and shift momentum in favor of the bears.
Patience is key, Paradisers! If we see a confirmed breakout, we act. If not, we wait. Discipline is what separates traders from gamblers. Stay sharp and trade smart! 🎖
MyCryptoParadise
iFeel the success 🌴
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Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.