#Alert🔴
Polkadot Looks Ready to Explode — $3 Might Be the Bottom, and $30+ Could Be Next
$DOT is trading around $3.96, consolidating inside a well-respected Accumulation Zone between $3.00–$3.80. This level has served as a macro demand area since 2023.
Technical Structure:
✅ Clear breakout from a multi-year descending trendline — signaling the potential end of the long-term downtrend.
✅ Current price action shows a retest of the breakout zone + accumulation base.
🟩 Strong absorption seen within $3.00–$3.80 across multiple higher timeframe candles.
IMO:
Best accumulation range is likely between $4.00–$3.00.
This zone offers a high risk-to-reward opportunity for long-term positioning.
Bullish Targets (Resistance Levels):
Resistance 1: $9.24
Resistance 2: $16.67
Resistance 3: $40.85
I personally expect $30+ in this bull cycle as a conservative target.
$50 would be a bonus target if momentum and narrative align.
❌ Invalidation Level:
If any HTF candle closes below $3.00, I will exit my position and reassess the structure.
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