DOT is quietly setting the stage... but will it deliver the breakout or fakeout?
After a strong bounce from the $3.35–$3.60 Fib support zone, Polkadot (DOT) has broken out of its downtrend line and flipped the $4.00 level into a support zone. The structure shows a bullish reclaim, but this isn’t a moon signal just yet.
🧠 The chart tells us:
DOT has tapped the key resistance zone around $4.62 (Fib 0.382), where previous sellers were active.
A rejection here could trigger a short-term pullback to the $4.00–$4.20 demand zone.
If buyers defend that level, we could see continuation toward $5.33 next.
A clean break and hold above $4.65 will likely open doors toward $5.60+.
Zoom out: This move is happening as altcoins begin rotating after Bitcoin's recent rangebound action. DOT is still inside a large accumulation range from February. Liquidity builds below $3.35 and above $5.30.
My expectation: Consolidation between $4.00–$4.60 may continue short-term. A deeper retest wouldn’t be surprising, but as long as DOT holds $4.00, the structure favors bullish continuation.
Resistance: $4.62, $5.33
Support: $4.00, $3.60, $3.35
Will DOT surprise the market and break this range?
#DOT #altcoinseason2025
After a strong bounce from the $3.35–$3.60 Fib support zone, Polkadot (DOT) has broken out of its downtrend line and flipped the $4.00 level into a support zone. The structure shows a bullish reclaim, but this isn’t a moon signal just yet.
🧠 The chart tells us:
DOT has tapped the key resistance zone around $4.62 (Fib 0.382), where previous sellers were active.
A rejection here could trigger a short-term pullback to the $4.00–$4.20 demand zone.
If buyers defend that level, we could see continuation toward $5.33 next.
A clean break and hold above $4.65 will likely open doors toward $5.60+.
Zoom out: This move is happening as altcoins begin rotating after Bitcoin's recent rangebound action. DOT is still inside a large accumulation range from February. Liquidity builds below $3.35 and above $5.30.
My expectation: Consolidation between $4.00–$4.60 may continue short-term. A deeper retest wouldn’t be surprising, but as long as DOT holds $4.00, the structure favors bullish continuation.
Resistance: $4.62, $5.33
Support: $4.00, $3.60, $3.35
Will DOT surprise the market and break this range?
#DOT #altcoinseason2025
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Register on BingX and Blofin and trade with me: 👇
bingx.com/invite/WKCI5X/
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
bingx.com/invite/WKCI5X/
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.