Our review of the cryptocurrency Polkadot Coin (DOT) has a great opportunity to come back to the race of the higher range track if two Resistance areas have been exceeded (as the target mentioned below) with good volume (which means will fly high).
Polkadot Coin (DOT) has a historical price of $ 55.090 in November 2021 then fall down (like all cryptocurrencies) to its lowest price of $ 4.224 in December 2022
(DOT) is trading now at $ 6.100
Chart indicators show the manner of its correction movements as still a risky area for beginners (means aggressive up or down will movements)
So we advise Trade wisely & never hesitate to place a stop loss near the support areas that are shown below, as breaking these prices leads to another down support area.
All we need to do is to keep an eye carefully on the Support & Resistance areas in order to ride the next wave at the right time as a predicted target which is mentioned below to fly high.
Always remember a bullish trend is followed by a bearish trend & vice versa.
As Shown
The Chart Below