💰 Current price and market situation
• 📉 Price: ~$4.03
• 🔼 Growth over the week: +17–21%
• 📊 Range today: $3.96 – $4.19
• 📌 Historical maximum (ATH): ~$55
• 🪙 Historical minimum (ATL): ~$2.70
⚖️ Arguments 'FOR' entering now
✅ 1. Clear bounce and increase in volume
DOT has shown steady growth over the past week, breaking through important local levels. Both retail and large investors have become active.
✅ 2. Ecosystem development
Polkadot remains one of the most active ecosystems in terms of developers (ranked in the TOP-3 for activity on GitHub).
✅ 3. Deep drawdown from ATH
A price of $4 looks undervalued compared to the peak of $55 — that's more than -90%. A great entry point for long-term holders.
✅ 4. Averaging opportunity
If entering in parts, risks can be reduced by using the DCA strategy (averaged purchase on the spot).
🚧 Arguments 'AGAINST' entering right now
⚠️ 1. Approaching the resistance level
The current zone $4.10–4.20 is local resistance. A correction to $3.80 or below is possible.
⚠️ 2. The market is unstable
BTC is stuck in a sideways range ($58k–60k), altcoins may suffer in case of a sharp market sell-off.
⚠️ 3. Overbought according to RSI
Indicators signal possible local overbought conditions — technically there may be 'overheating'.
📉 Chart of entry and exit zones
My 'strategy' based on the current price:
🟦 Blue line — strong support
🟩 Green lines — entry and averaging zones
🟥 Red line — resistance
🟧 Orange lines — targets for exit
⚪ Gray line — current price
✅ Conclusion
DOT — a strong technological asset with a good history and real prospects.
The current price is attractive, but it is wise to act carefully.
Averaging and phased entry is a reasonable strategy amid market uncertainty.
⚠️ IMPORTANT
DYOR — Do Your Own Research! This article is not a financial recommendation. Be sure to study the project, market situation, and assess your risks before investing.
Wishing everyone a great mood and profitable trades!!!🤝🏦💶💴💵💸💰
