Key Support Zones: Where DOT May Hold or Bounce
DOT is currently hovering above a strong support base that has historically acted as a launchpad for rallies. These levels include:
$4.465 (Current price)
$4.000 (Psychological round number)
$3.507
$3.189
$2.064 (Long-term support floor)
Support Range: $3.507 – $4.465
As long as price remains within this range, the broader bullish structure is intact.
Resistance Zones: Targets if DOT Breaks Out
If DOT breaks above its neckline resistance, it could trigger a strong move upward. Here are the major resistance zones to keep in view:
First Resistance – Breakout Confirmation:
$6.759 to $7.000 (Adam & Eve neckline)
A weekly close above this range would signal a confirmed breakout.
Mid-Term Target:
$10.395 to $10.500 – A region of previous structure and strong historical resistance.
Long-Term Targets:
$15.035 to $16.000
$24.000 (based on the long-term ascending trendline, potentially projecting into 2027)
These levels align with previous market cycles and projected long-term growth paths.
What Could Happen Next? Three Possible Scenarios
Bullish Case (Most Likely):
DOT holds the $3.5–$4.5 support range
A breakout above $7.0 with strong volume and a weekly close
Next targets: $10, then $15, and potentially $24 over a longer timeframe
Neutral Case (Consolidation):
Price continues ranging between $3.5 and $6.7
Ongoing accumulation phase
Long-term holders will need to be patient while the structure matures
Bearish Case (Less Likely):
Breakdown below $3.189, or more critically, $2.064
Would invalidate the reversal pattern and suggest more downside risk
Conclusion
Polkadot is showing technical signs of strength at a crucial level. The coming weeks will be pivotal—especially if price breaks the $7 resistance zone with conviction. While the bullish setup is developing nicely, traders should continue watching volume, weekly closes, and how DOT behaves near support and resistance.
Stay alert—this could be the beginning of a major shift for DOT.
