DOT is showing a classic Falling Wedge. Don't miss the move.
Reversal pattern. Price likely to break upwards.
Gradual reversal from bearish to bullish.
Traders are watching Polkadot (DOT) as price action tightens. Price has moved to $0.97 (-3.51%) amidst recent volatility. Price action has carved out a classic Rounding Bottom. The trend indicator is reading 21.4/100, suggesting moderate momentum. A potential breakout level is identified at $1.34, targeting $1.79 with support near $1.12 (R:R 2.0).
What is your outlook on DOT?