📈 DOT Technical Breakdown – What Traders Should Know

Here’s a refined Binance Square–style analysis for Polkadot ($DOT), covering key levels, chart signals, and scenarios:

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🔑 Key Price Levels

• Support zones:

• $3.97 — short-term floor, bounce area 

• $3.50–$3.30 — deeper support if momentum weakens 

• Resistance zones:

• $4.11–$4.20 — immediate ceiling; breakout needed to shift trend 

• $5.00–$6.50 — mid-range targets if breakout holds 

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📊 Chart Signals

• Trading just below 9 & 21‑day moving averages near the lower band of an ascending channel 

• A descending wedge breakout and reclaim of ~$4.85 in April suggest a trend reversal 

• Rising RSI and AO suggest renewed bullish momentum, with potential entry for swing trades