Polkadot (DOT) is currently retesting a key long-term ascending support trendline that has held since early 2024. After a strong correction and liquidity sweep below recent lows, the price is showing signs of stabilizing around the $2.80–$3.00 area.
This zone has historically acted as a strong demand region, making it a potential accumulation area for the next bullish move. If the support holds, a rebound toward the $3.50, $4.50, and $5.00 resistance levels is likely in the coming weeks.
Technical Outlook:
- Support zone: $2.80–$3.00
- Resistance targets: $3.50 → $4.50 → $5.00
- Invalidation (Stop Loss): Daily close below $2.70
A successful bounce from this level could confirm the continuation of DOT’s long-term uptrend structure. Patience and confirmation signals are key before entering a position.
This zone has historically acted as a strong demand region, making it a potential accumulation area for the next bullish move. If the support holds, a rebound toward the $3.50, $4.50, and $5.00 resistance levels is likely in the coming weeks.
Technical Outlook:
- Support zone: $2.80–$3.00
- Resistance targets: $3.50 → $4.50 → $5.00
- Invalidation (Stop Loss): Daily close below $2.70
A successful bounce from this level could confirm the continuation of DOT’s long-term uptrend structure. Patience and confirmation signals are key before entering a position.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.