ðParadisers, let's direct our attention to #DOTUSDT, as it's showing signs of a potential significant move from a key demand level.
ð#Polkadot is demonstrating an upward trend, hinting at a likely bullish breakout from its current demand zone. We anticipate a retest of the demand level at $6.38, with a major supply zone in sight. If #DOT holds above this level, it might set the stage for a rise toward the major supply zone at $9.0.
ðHowever, if #DOT struggles to maintain its position above the support, a reassessment of our trading strategy may be in order. In that scenario, we would look towards initiating a bullish movement from a lower bullish Order Block (OB).
ðIt's vital to keep a vigilant eye on this level, as a drop below it could trigger a considerable bearish trend.
ðStay sharp and flexible, Paradisers. Your ParadiseTeam is committed to offering the latest insights and strategic guidance, ensuring you're fully prepared to handle these market movements.