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🔷️ On the weekly timeframe, #DOT# is showing signs of a Wyckoff Accumulation structure. After a long period of sideways movement, if $DOT manages to break out of the accumulation phase, potential resistance zones based on Fibonacci levels are marked by the yellow lines on the chart. This type of setup often indicates smart money accumulation and can lead to strong price movements following a breakout. However, market conditions are always subject to change, so proper risk management is essential.
🔍 This is not financial advice.
#DOT# #Altcoins # Crypto #Polkadot # BTC