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Technical analysis by phoenixwicks9 about Symbol DOT: Buy recommendation (5/24/2025)

https://sahmeto.com/message/3543962
phoenixwicks9
phoenixwicks9
Rank: 30260
1.3

DOTUSDT Long Idea

Buy
Price at Publish Time:
$4.59
Profit Target:
(+67.25%)$7.67
Stop Loss Price:
(-12.71%)$4
Buy،Technical،phoenixwicks9

Polkadot appears poised for a potential move, having taken liquidity and expanded impulsively. The recent fill of the fair value gap (FVG) at the consequent encroachment level, coupled with holding above the order block, suggests a bullish outlook. Continued accumulation at these levels could potentially lead to higher targets in the coming weeks.Please note, this is not financial advice; manage your risk accordingly.

Source Message: TradingView
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