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While retail is busy chasing over-leveraged meme coins to the grave, Polkadot is quietly painting a textbook accumulation floor at deeply discounted levels. This coil is about to snap.
$DOT - LONG
Trade Plan:
Entry: 0.851500 - 0.856500
SL: 0.818500
TP1: 0.882000
TP2: 0.895000
TP3: 0.935000
Why this setup?
95% confidence on a 4h long setup. RSI 15m at 51.4500 (room to run). ATR 1h is 0.007852—tight squeeze priming for a breakout. Entry zone: 0.851500 - 0.856500. First target 0.882000.
Debate:
Is this the quiet accumulation phase before a violent squeeze back to local highs, or is this just a temporary pitstop before bears drag us back down to the lows?
$DOT