๐ฐ Current Price: ~$3.98
๐ Support & Resistance
๐ข Strong Support 1: $3.80
๐ข Strong Support 2: $3.50
๐ด Resistance 1: $4.30
๐ด Resistance 2: $5.00
๐ฏ Entry Zones
โ Safer Entry: $3.80 โ $3.90
โ Aggressive Entry: $4.00 (if momentum continues)
๐ฏ Take Profit (TP) Targets
๐ฅ TP1: $4.30
๐ฅ TP2: $5.00
๐ Long-Term TP3: $6.50+
โ ๏ธ Risk Notes
โ If DOT breaks $3.50 and closes below, downside pressure could increase.
๐ Spot traders donโt always need a strict Stop Loss, but a mental stop or partial exit plan is recommended.
โจ Quick Summary
Polkadot is sitting near a key support zone. If bulls defend $3.80โ$3.90, price could bounce toward $4.30 and possibly $5.00. A breakout above $5.00 would signal strong momentum, while losing $3.50 support could weaken the trend.
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