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$DOT : Bull Flag Brewing – Don't Miss This! 🚀
Entry longs around 1.970-1.980, aligning with the 20-MA and support.
Alternatively, a break above 2.015 with significant volume could offer another valid Entry point.
Set SL approximately 3.5% below your Entry, targeting the 1.910-1.925 range.
Potential TPs are 2.044, 2.060, and 2.100.
$DOT is consolidating, but the charts are screaming potential! 📈 We’ve seen a solid 15% rally, and a classic bull flag pattern is forming. Volume spiked to 73.7M during the breakout – a clear sign of strength. While some Tether outflows suggest profit-taking, recent inflows indicate buyers are stepping in. 💸
Keep a close eye on that 1.970-1.980 level for a dip buy. A break above 2.015 could also signal a strong move. Remember, position sizing is key given the mixed capital flows. A drop below 1.925 invalidates the bullish setup. ⚠️
#DOT #Polkadot #CryptoTrading #BullFlag 🎯