MyCryptoParadise_Simon

DOT/USDT preparing for bullish ride?🚀 Polkadot Today Analysis

Long
BINANCE:DOTUSDT   DOT / TetherUS
💎 Paradisers Heads up! DOTUSDT is gearing up for a bullish ascent, holding a pivotal support level on the Daily Time Frame (TF)

💎 Upon examining the asset on the Weekly TF, we've noticed bullish signals in the volume profile, along with significant volatility. The price of polkadot is likely to first target the 4.750 level, where it may face some resistance due to bearish indicators on the 4HR TF.

💎 Keep an eye on the intense supply zone at 5.180; the price is expected to retest this level to secure liquidity soon. However, if the price breaks below the support zone, consider planning a short entry down to the invalidation level.

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