DOTUSDT 2H

Polkadot price has rebounded within the ,239-,586 range, returning to the short/medium term uptrend.
Invalidation of bullish move will occur if DOT fot chasing MM200 at $6.264
First resistance level for Polkadot is $6.49, break should come at 6.59. A breakout of this barrier could take DOT to levels of $8.79.
Let's see how it unfolds as polkadot could start an impressive recovery soon.

Supports for DOTUSDT:
S1 6.39
S2 6.264

Resistances for DOTUSDT:
R1 6.49
R2 6.59

MM200: 6.264

EMAS: Pointed upwards, the asset usually follows the direction of this powerful indicator

RSI: Exhaustion of Buying Forces.

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Renato Ulianov | Market Analysis & Trading
YouTube: youtube.com/@TradewithRenatoUlianov
Disclaimer: All content is for educational and informational purposes only and does not constitute financial advice.

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