MyCryptoParadise_Simon

DOT/USDT Ready for another Exponential Rally? 👀🚀DOT Analysis

Long
BINANCE:DOTUSDT   DOT / TetherUS
đź’ŽParadisers, turn your gaze to #DOTUSDT as it is positioned within an ascending channel's upper zone and ready for a bullish journey toward the supply zone.

đź’ŽA look back at #Polkadot's market trajectory shows its journey through an ascending channel, consistently breaking new ground towards higher trends. The price now is facing a resistance at $12.13. When this resistance turns into support, the probability of a bullish rally toward the supply zone will become more evident.

💎For the DOT traders, staying alert is not just important—it’s crucial. Brace yourselves for a potential surge from the $8.81 support level, if the market’s tale twists unexpectedly, this could be the next point of support for #DOT. Yet, beware: falling below this support will call for a descent into bearish territory.

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