2025-12-29 16:15:31

🔥 #Polkadot (#DOTUSDT ) 🇺🇸 The expected price path on the 30-minute timeframe and previous analysis 🔥

🌊 Opportunity to benefit from a bullish wave

It appears that the pair is preparing for a strong upward movement after breaking through the main price channel, which may indicate the formation of the third sub-wave within an impulsive bullish wave. A Fibonacci extension of 261.8% is one of the typical targets for the third wave, with potential for further extension, increasing the likelihood of a strong upward move.

💡 Any upcoming downward correction could present a favorable opportunity to re-enter a bullish position 🎯, targeting the 1.964 - 2.083 zone, provided positive momentum continues.

To maintain the bullish scenario, it is essential that the price continues trading above the broken price channel, as this behavior supports the continuation of the upward trend.
#DOT
$DOT ‌

DOT-1,03%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes

Reward
1
1
1
Share

Comment

0/400

BasheerAlgundubi

· 20h ago

To maintain the bullish scenario, it is essential that the price continues to trade above the broken price channel, as this behavior supports the continuation of the upward trend.

View OriginalReply1