๐ In the 1-hour timeframe, DOT is currently holding above a valid ascending trendline ๐ป which has acted as support multiple times and prevented further downside ๐ก๏ธ๐
This suggests that buyers are stepping in at lower levels, showing accumulation interest ๐งฒ๐ฐ
๐๏ธโ๐จ๏ธ Now, the price is approaching a key resistance zone around 4.204 ๐ง๐ฅ
This level has previously rejected price action multiple times and is now being tested again! ๐ค๐
๐๏ธ Keep an eye on volume, confirmation candles, and beware of fake outsโ๐
Monitor the chart closely, as market conditions can shift quickly โณโ ๏ธ
๐ Analysis Date: [06/10/2025]
๐ข Drop your thoughts in the comments โ Iโd love to hear your outlook on DOT ๐ค๐ฌ
If you enjoyed this analysis, donโt forget to like and follow for more updates โค๏ธ๐
#DOT #Polkadot #CryptoAnalysis #TechnicalAnalysis #TradingView #CryptoSignals #TA #Bitcoin #Altcoins
This suggests that buyers are stepping in at lower levels, showing accumulation interest ๐งฒ๐ฐ
๐๏ธโ๐จ๏ธ Now, the price is approaching a key resistance zone around 4.204 ๐ง๐ฅ
This level has previously rejected price action multiple times and is now being tested again! ๐ค๐
๐๏ธ Keep an eye on volume, confirmation candles, and beware of fake outsโ๐
Monitor the chart closely, as market conditions can shift quickly โณโ ๏ธ
๐ Analysis Date: [06/10/2025]
๐ข Drop your thoughts in the comments โ Iโd love to hear your outlook on DOT ๐ค๐ฌ
If you enjoyed this analysis, donโt forget to like and follow for more updates โค๏ธ๐
#DOT #Polkadot #CryptoAnalysis #TechnicalAnalysis #TradingView #CryptoSignals #TA #Bitcoin #Altcoins
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.