Hey traders! 👋
Let’s talk about Polkadot (DOT) – a project that has been in accumulation for years but is now showing some serious signs of potential. 🇺🇸 With the recent ETF approval and Polkadot’s strong position as a US-based crypto, we’re starting to see some exciting moves that could signal the next big rally.
1️⃣ Long-Term Accumulation – Polkadot has been in a long accumulation phase, but with the ETF approval and growing interest in US-based projects, we might be nearing the end of this phase. Could we finally see a breakout soon? 🔓
2️⃣ Resistance Near 150% Rise – The first major resistance is sitting just about 150% higher from the current level. This is a key point to watch, as it could set the stage for the next leg up.
3️⃣ Breaking Out of Accumulation – If DOT successfully breaks out of the current accumulation range, we’re looking at a massive potential move with a 570% increase to the next major resistance. That's an insane upside!
So, the question is: Are we ready to see that breakout? Can DOT push through the 150% resistance and continue higher? 📈
What’s your take? Drop your thoughts in the comments below, and don't forget to follow for more updates and analysis on DOT and other potential breakout coins.
Happy trading, everyone! 💰🚀
Let’s talk about Polkadot (DOT) – a project that has been in accumulation for years but is now showing some serious signs of potential. 🇺🇸 With the recent ETF approval and Polkadot’s strong position as a US-based crypto, we’re starting to see some exciting moves that could signal the next big rally.
1️⃣ Long-Term Accumulation – Polkadot has been in a long accumulation phase, but with the ETF approval and growing interest in US-based projects, we might be nearing the end of this phase. Could we finally see a breakout soon? 🔓
2️⃣ Resistance Near 150% Rise – The first major resistance is sitting just about 150% higher from the current level. This is a key point to watch, as it could set the stage for the next leg up.
3️⃣ Breaking Out of Accumulation – If DOT successfully breaks out of the current accumulation range, we’re looking at a massive potential move with a 570% increase to the next major resistance. That's an insane upside!
So, the question is: Are we ready to see that breakout? Can DOT push through the 150% resistance and continue higher? 📈
What’s your take? Drop your thoughts in the comments below, and don't forget to follow for more updates and analysis on DOT and other potential breakout coins.
Happy trading, everyone! 💰🚀
Disclaimer
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.
Disclaimer
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.