Polkadot continues to trade within a multi-year accumulation range, with the ~$3.50 level acting as a strategic support zone. We’re now seeing the fourth retest of this base — and once again, buyers are stepping in.
🔍 Structural Notes:
Horizontal range: ~$3.50–$7.50
Support: ~$3.50 — key demand zone, respected on four separate occasions
Watch level (eye): ~$17.50 — potential target zone in a mid-term cycle expansion
DOT is showing signs of a "macro base" structure — extended sideways action after a deep bear market. This is often where long-term players begin to build positioning quietly.
🧭 Scenarios I’m Tracking:
✅ Bullish Case:
A reclaim and close above $4.80 would open the door toward the upper range near $7.50
In the case of a broader altcoin cycle — upside could extend to $10–$17
❌ Bearish Breakdown:
A confirmed loss of the $3.50 level with volume would be a warning sign — and could lead to a flush toward ~$2.60
📌 My Take:
I’m watching how price reacts around $3.50 — that’s where real decisions will be made.
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Telegram Channel⏩ t.me/+aTlXBWnLy2Y4OTQ6
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
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.