Polkadot upward momentum !🚀 🔥 DOT today analysis

8 août 2023

💎 It's currently hovering around a key support zone, having touched it twice, indicating potential moves on the horizon.

💎 Presently, Dot is nestled within a demand zone. If it sustains above this zone, we could witness a seamless bullish trajectory. However, if it falters, a bullish move might only materialize after a retest of the lower order block.

💎 Digging deeper, we've noticed a shift where demand transitioned into supply, leading to a notable downward shift in price. Ahead, there's a clear supply zone accompanied by bearishOB. It's highly probable that it will embark on a bullish journey to address this imbalance.

💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey