Hello everyone! Today we’re talking about DOT — the native token of the Polkadot blockchain.

If you look at the weekly chart, DOT has built a strong support zone around $3.25. Price has bounced from this level multiple times in the past.

Currently, the market is in a consolidation phase, and recent weekly candles are forming a bullish engulfing pattern — a possible sign of trend reversal.

The RSI is recovering from the oversold zone, and if DOT breaks above the $5.00 resistance, the next target could be around $6.80.

We’re also watching for a crossover between the 21 EMA and 50 EMA — which could indicate a stronger bullish trend.

For swing traders, this $3.20 to $3.50 zone might be an ideal accumulation range.

On the fundamentals side, DOT is still a solid project, playing a key role in the Web3 and parachain ecosystem.

If you're planning to buy in spot, consider dollar-cost averaging within this range.

The chart is shown on screen — if you found this helpful, don’t forget to like, share, and follow for more updates. Thank you!