๐Ÿ”ฅ DOT Price Analysis: Bounce or Breakdown? Here's Whatโ€™s Coming Next! ๐Ÿ“‰๐Ÿ“ˆ

Polkadot ($DOT) is dancing on a tightrope, and the market is watching closely ๐Ÿ‘€

Letโ€™s break down whatโ€™s happening and where it might go next๐Ÿ‘‡

๐Ÿ“Œ Current Price: $4.50

๐Ÿ“‰ Trend: Bearish since early 2025 (lower highs, lower lows)

๐Ÿ›ก๏ธ Strong Support Zone:

$3.189 โ€“ $3.847 ๐ŸŸฉ

DOT has bounced from this level multiple times (May to July). Itโ€™s the last defense before a deep fall.

๐Ÿšง Resistance Ahead:

๐Ÿ”น $4.760 โ€“ First gate

๐Ÿ”น $5.000 โ€“ Psychological level

๐Ÿ”น $5.393 โ€“ If broken, bulls may gain serious momentum

๐Ÿš€ Bullish Possibility:

If DOT holds above $3.847, a rebound toward:

โžก๏ธ $4.760 โžก๏ธ $5.000 โžก๏ธ $5.393

A breakout above $5.393 could signal a trend reversal ๐ŸŒ…

๐Ÿ”„ Neutral Scenario:

Sideways movement between $3.5 - $5.0 = accumulation zone ๐Ÿ“ฆ

Wait-and-watch strategy might work best here ๐Ÿ‘“

โš ๏ธ Bearish Alert:

Break below $3.847? DOT might visit:

๐Ÿ”ป $3.189

Below that? New lows could be in sight ๐Ÿ•ณ๏ธ

๐ŸŽฏ Key Levels to Watch:

Support: $3.847 / $3.189

Resistance: $4.760 / $5.393

๐Ÿ” Volume Spike = Strong Confirmation

$DOT

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