🔥 DOT Price Analysis: Bounce or Breakdown? Here's What’s Coming Next! 📉📈
Polkadot ($DOT) is dancing on a tightrope, and the market is watching closely 👀
Let’s break down what’s happening and where it might go next👇
📌 Current Price: $4.50
📉 Trend: Bearish since early 2025 (lower highs, lower lows)
🛡️ Strong Support Zone:
$3.189 – $3.847 🟩
DOT has bounced from this level multiple times (May to July). It’s the last defense before a deep fall.
🚧 Resistance Ahead:
🔹 $4.760 – First gate
🔹 $5.000 – Psychological level
🔹 $5.393 – If broken, bulls may gain serious momentum
🚀 Bullish Possibility:
If DOT holds above $3.847, a rebound toward:
➡️ $4.760 ➡️ $5.000 ➡️ $5.393
A breakout above $5.393 could signal a trend reversal 🌅
🔄 Neutral Scenario:
Sideways movement between $3.5 - $5.0 = accumulation zone 📦
Wait-and-watch strategy might work best here 👓
⚠️ Bearish Alert:
Break below $3.847? DOT might visit:
🔻 $3.189
Below that? New lows could be in sight 🕳️
🎯 Key Levels to Watch:
Support: $3.847 / $3.189
Resistance: $4.760 / $5.393
🔍 Volume Spike = Strong Confirmation