DOT ANALYSIS (3D)

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Polkadot appears to have reached a fresh and significant support zone, which is potentially where the corrective wave C may come to an end.

If wave C completes here, the price could begin a strong recovery. However, it’s important to note that this is a higher time frame setup, so reaching the targets may take some time.

As long as the green support zone holds, the price can move toward the mentioned targets. The targets are marked on the chart.

A daily candle closing below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Penafian

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