🚨🚨 ALL EYES ON DOT AT 4! SIDEWAYS CONSOLIDATION OR LOADING FOR LAUNCH? 🔍🔵🚀
As of May 6, 2025, *Polkadot (DOT)* is trading at *3.92*.
Despite a broader market downturn, DOT is holding firm near key support zones — hinting at possible momentum buildup.
🔍 TECHNICAL OVERVIEW
📊 *RSI (14)*: 49.2 — a neutral zone, showing balance between buyers and sellers
📉 *50-Day MA*: 4.75
📉 *200-Day MA*:5.97
Trading below both moving averages suggests short-term weakness, but the neutral RSI leaves room for a potential breakout.
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⚠️ SUPPORT & RESISTANCE LEVELS
🔹 *Supports*: 3.24 –4.17
🔸 *Resistances*: 5.72 –7.55
Holding support could lead to buying pressure and a test of resistance in the coming days.
🧠 WHY DOT STANDS OUT
- 🌐 Parachain tech enables interoperability across blockchains
- ⚙️ Strong technical foundation backed by a growing ecosystem
- 📈 Attracting long-term holders despite price weakness
- 💰 Attractive entry point with solid long-term potential
📈 CONCLUSION
DOT may seem quiet now, but that’s often when the most powerful moves begin. The fundamentals are solid, the structure is stabilizing — it might just be waiting for the right spark.
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💬 #DOT is a sleeping power. Three-digit prices are possible with time and patience.
🛑 This is not financial advice. Always do your own research and assess your risk.