DOT Price at Crucial Support: is a Bullish Reversal Coming?
Polkadot is hovering near a crucial support zone after retracing from recent highs above $4.50. The price has found short term relief at $3.60, aligning with historical demand zones highlighted in the chart.
Support Levels: $3.00 – $3.50
Resistance Levels: $4.00 – $5.00
The RSI is cooling off after an overbought zone, now consolidating around the 40–50 range indicating a possible accumulation phase or another dip before a reversal.
Outlook: If DOT holds the $3.60 level, we might see a potential rebound toward $4+. However, a break below $3.50 could open room for deeper correction near $3.00.
Watching closely for bullish confirmation or breakdown signals.
DYOR.Always
