DOT/USDT holding key support? ๐Polkadot Today Analysis
๐ Paradisers, prepare for an exciting chance with #DOTUSDT as it stands firm at the critical support of $8.711. Holding steady at this level hints at a potential bullish trend, especially since the price has already tested liquidity below this point, reinforcing the bullish outlook.
๐ Let's also ponder the scenario where
DOT
struggles to surpass its previous peak, suggesting a risk of breaking below the support. In such a case, we're eyeing a bullish bounce from a secondary support at $8.137.
๐ Caution is advised: slipping below this secondary support could signal a shift towards a more pronounced bearish phase, marked by increasing sell-offs. Being alert and flexible is crucial as we navigate the evolving #POLKADOT market.
๐ Let's also ponder the scenario where
DOT
struggles to surpass its previous peak, suggesting a risk of breaking below the support. In such a case, we're eyeing a bullish bounce from a secondary support at $8.137. ๐ Caution is advised: slipping below this secondary support could signal a shift towards a more pronounced bearish phase, marked by increasing sell-offs. Being alert and flexible is crucial as we navigate the evolving #POLKADOT market.
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Follow a team of traders with 10+ years of experience?
Join FREE๐ t.me/+QwK2mkoTGBU0Nzc0
๐๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐ shorturl.at/ikpAV