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MyCryptoParadise_Simon
Jan 27, 2024 1:07 PM

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

DOT / TetherUSBinance

Description

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💎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

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Nailed it again - #DOT is up 35.94%, right on cue!

Comment

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Comments
Solana2DMoon
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Oh yessss 💦🚀
WalterMoon
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I think DOTUSDT can rise a little more and then start to fall to the support level, maybe it will even try to break this level, we'll see
MyCryptoParadise_Simon
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@WalterMoon, It's the game of probabilities so yes we will see what happens next
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