DOT/USD Weekly Outlook – Educational Perspective
Polkadot (DOT) is trading near the lower boundary of a long-term falling wedge structure, showing early signs of stabilization around the $4.20 support zone. Price has respected this level multiple times, potentially forming a rounded bottom, which often suggests shifting momentum.
If the structure holds, it may continue developing a macro reversal pattern. This kind of formation is typically monitored by swing traders looking for high risk-reward setups in longer timeframes.
Key Technical Levels to Watch:
$8.00 – Mid-range structural resistance
$11.90 – Historical supply / macro pivot zone
This chart is shared for educational purposes only to support market structure learning. Always follow your own analysis and risk management plan.
Wave Trader Pro
Learn & Earn
Polkadot (DOT) is trading near the lower boundary of a long-term falling wedge structure, showing early signs of stabilization around the $4.20 support zone. Price has respected this level multiple times, potentially forming a rounded bottom, which often suggests shifting momentum.
If the structure holds, it may continue developing a macro reversal pattern. This kind of formation is typically monitored by swing traders looking for high risk-reward setups in longer timeframes.
Key Technical Levels to Watch:
$8.00 – Mid-range structural resistance
$11.90 – Historical supply / macro pivot zone
This chart is shared for educational purposes only to support market structure learning. Always follow your own analysis and risk management plan.
Wave Trader Pro
Learn & Earn
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