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🔥 #Polkadot (#DOTUSDT ) 🇺🇸 The expected price path on the 30-minute timeframe and previous analysis 🔥
🌊 Opportunity to benefit from a bullish wave
It appears that the pair is preparing for a strong upward movement after breaking through the main price channel, which may indicate the formation of the third sub-wave within an impulsive bullish wave. A Fibonacci extension of 261.8% is one of the typical targets for the third wave, with potential for further extension, increasing the likelihood of a strong upward move.
💡 Any upcoming downward correction could present a favorable opportunity to re-enter a bullish position 🎯, targeting the 1.964 - 2.083 zone, provided positive momentum continues.
To maintain the bullish scenario, it is essential that the price continues trading above the broken price channel, as this behavior supports the continuation of the upward trend.
#DOT
$DOT