Polkadot is trading just under a key resistance at $4.60 — a level it’s failed to break several times in the past.
If it finally breaks above this, we could see a strong rally toward $8 and maybe even $12 in the coming weeks.
But if it gets rejected again, the price might drop back to the $3.30–$2.60 zone which has been a strong support area before and a good place to build long positions.
For now, DOT is still inside a long downtrend. A clean breakout above $4.60 could flip the whole structure bullish.
If it breaks — it could fly
If it fails — it’s a re-entry chance
Risk-takers can start slow accumulation from here because let’s be honest, no one can predict the exact bottom or top.
Not: NFA & DYOR
If it finally breaks above this, we could see a strong rally toward $8 and maybe even $12 in the coming weeks.
But if it gets rejected again, the price might drop back to the $3.30–$2.60 zone which has been a strong support area before and a good place to build long positions.
For now, DOT is still inside a long downtrend. A clean breakout above $4.60 could flip the whole structure bullish.
If it breaks — it could fly
If it fails — it’s a re-entry chance
Risk-takers can start slow accumulation from here because let’s be honest, no one can predict the exact bottom or top.
Not: NFA & DYOR
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.