$DOT is quietly setting the stage... but will it deliver the breakout or fakeout?
After a strong bounce from the $3.35–$3.60 Fib support zone, Polkadot (DOT) has broken out of its downtrend line and flipped the $4.00 level into a support zone. The structure shows a bullish reclaim, but this isn’t a moon signal just yet.
🧠 The chart tells us:
DOT has tapped the key resistance zone around $4.62 (Fib 0.382), where previous sellers were active.
A rejection here could trigger a short-term pullback to the $4.00–$4.20 demand zone.
If buyers defend that level, we could see continuation toward $5.33 next.
A clean break and hold above $4.65 will likely open doors toward $5.60+.
Zoom out: This move is happening as altcoins begin rotating after Bitcoin's recent rangebound action. DOT is still inside a large accumulation range from February. Liquidity builds below $3.35 and above $5.30.
My expectation: Consolidation between $4.00–$4.60 may continue short-term. A deeper retest wouldn’t be surprising, but as long as DOT holds $4.00, the structure favors bullish continuation.
Resistance: $4.62, $5.33
Support: $4.00, $3.60, $3.35
Will DOT surprise the market and break this range?
