📈 Polkadot (DOT) Poised for Breakout? Weekly Chart Reveals
Monnie Brunt OkvK
Updated at: 4 hours ago
{"content":"📈 Polkadot (DOT) Poised for Breakout? Weekly Chart Reveals Powerful Reversal Pattern! 🚀
🔍 Current Price: ~$4.465
DOT has been quietly building strength within a long-term accumulation zone — and the weekly chart just revealed something BIG: a textbook “Adam & Eve” double bottom pattern forming 📉➡️📈
Let’s dive into this urgent multi-scenario update 🔎👇
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🧱 Key Support Zones – Where DOT Could Bounce or Hold Strong
DOT is currently sitting on top of a massive historical support base:
🔹 $4.465 (Current price)
🔹 $4.000 (Psychological support)
🔹 $3.507
🔹 $3.189
🔹 $2.064 (Long-term support floor)
📌 Support Range: $3.507 – $4.465
This zone has acted as a launchpad multiple times in the past. As long as DOT holds here, the bullish structure remains intact 🛡️
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🚀 Key Resistance Zones – Where Bulls Could Target Next
If price breaks out above the neckline, the move could be explosive:
🔺 Resistance 1 (Breakout Confirmation):
📍 $6.759 – $7.000 → Adam & Eve neckline
✔️ A weekly close above this = confirmed breakout ✅
🔺 Resistance 2 (Mid-Term Target):
📍 $10.395 – $10.500 → Previous structure + historical resistance
🔺 Long-Term Resistance Levels:
📍 $15.035 – $16.000
📍 $24.000 (based on green ascending trendline projection into 2027)
💡 These levels are aligned with previous cycles and long-term projections.
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📊 What’s Next for DOT? Scenarios to Watch Closely
💚 Bullish Scenario (Most Likely):
Price holds above $3.5–$4.5 zone
Breaks above $7.0 with volume and weekly candle close
Targets $10+, $15+, and possibly $24 in the coming months/years
🕰️ Neutral Scenario (Consolidation):
DOT ranges between $3.5 – $6.7
Further accumulation before breakout
Patience is key for long-term holders
🔻 Bearish Scenario (Less Likely):
Breaks down below $3.189 or especially $2.064
Invalidates pattern → would signal longer downside
$DOT
{future}(DOTUSDT)
#cryptouniverseofficial ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/18/945c46751bfd4f0ea746a45f87f25353.jpg"],"tags":[],"tradingPairs":["DOT/USDT"],"quotearticleid":0}