MyCryptoParadise_Simon

DOT/USDT upward momentum? 👀🚀DOT Today Analysis

Long
BINANCE:DOTUSDT   DOT / TetherUS
💎 Paradisers, let’s closely examine #DOTUSDT as it’s currently demonstrating a notable market behavior. Poised near a significant resistance, it is anticipated to show a bullish movement from its support following a potential rejection.

💎 #POLKADOT recently overcame the robust resistance at $7.763 and is now approaching the higher resistance level at $9.614. Should DOT face a rejection at this level, we’re likely to see a bullish continuation from the support at $7.763. If it manages to sustain bullish momentum, it could then aim to conquer the stronger resistance at $10.770.

💎 However, given the inherent volatility of the crypto market, it's imperative to be prepared for different eventualities. If #DOT struggles to maintain its level above the $7.763 support, a recalibration of strategy might be in order. This could mean anticipating a bullish rebound from a lower support level at $6.369. Importantly, should DOT fall below this secondary support level, it could signal a change towards a bearish market trend. 🌴💰

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