#DOT Falling Wedge Bounce Setup 🚀📈
Polkadot ($DOT ) is showing a clean consolidation above the lower boundary of a well-defined falling wedge on the 2-week timeframe 👨💻📊 — a structure that often precedes major trend reversals.
Price action continues to respect the support zone, and the latest rebound from this area suggests momentum is quietly building 🔍👀. Growing interest at these levels points toward accumulation, setting the stage for a potential multi-leg upside move once confirmation kicks in.
🎯 Bounce Targets
$3.00 – Initial breakout confirmation
$4.30 – Key resistance flip
$7.00 – Mid-range expansion zone
$10.50 – Macro resistance level
$15.50 – Full wedge projection target 🚀
As long as support holds, the technical structure remains bullishly intact. A decisive breakout with volume could accelerate price discovery and shift DOT into a new macro uptrend.
📌 Patience is key — higher-timeframe setups reward those who wait.
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