MyCryptoParadise_Simon

DOT/USDT Poised for a Bull Run? 👀🚀DOT Analysis

Long
BINANCE:DOTUSDT   DOT / TetherUS
💎Paradisers, let's direct our attention to #DOTUSDT, as it's showing signs of a potential significant move from a key demand level.

💎#Polkadot is demonstrating an upward trend, hinting at a likely bullish breakout from its current demand zone. We anticipate a retest of the demand level at $6.38, with a major supply zone in sight. If #DOT holds above this level, it might set the stage for a rise toward the major supply zone at $9.0.

💎However, if #DOT struggles to maintain its position above the support, a reassessment of our trading strategy may be in order. In that scenario, we would look towards initiating a bullish movement from a lower bullish Order Block (OB).

💎It's vital to keep a vigilant eye on this level, as a drop below it could trigger a considerable bearish trend.

💎Stay sharp and flexible, Paradisers. Your ParadiseTeam is committed to offering the latest insights and strategic guidance, ensuring you're fully prepared to handle these market movements.
Trade closed: target reached:
Nailed it again - #DOT is up 35.94%, right on cue!
Comment:

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