$DOT /USDT – Long Trade Setup
Current Price: $3.591
Support Level: $3.40
Resistance Level: $3.85
Trade Targets:
TP1: $3.80
TP2: $4.10
TP3 (Final Target): $4.45
Stop Loss: $3.20
Polkadot ($DOT) is trading close to a key support zone at $3.40 and is showing potential signs of forming a bottom after an extended decline. A confirmed breakout above the $3.85 resistance could trigger a notable recovery rally. With increasing developer activity in the Polkadot network, buying momentum may accelerate if market sentiment shifts. Traders should look for confirmation through volume and protect downside risk with a tight stop loss set at $3.20.
