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DOT

DOT Eyes $3.91 Test Ahead of Polkadot 2.0 Launch

I see DOT trading at $3.91, down about 2.2% despite Gavin Wood returning as Parity CEO; the market is clearly bracing for the Polkadot 2.0 upgrade.

Technicals are mixed — price is testing $3.91 with no clear momentum bias, so I expect elevated volatility around the launch and short-term whipsaw action.

I'm watching on-chain signals and confirmation above or below this level before changing my position; I wouldn't add significant risk until direction is confirmed.

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Analysis

Price weakness to $3.91 alongside mixed indicators signals uncertainty: a break and hold above $3.91 could signal momentum into the upgrade, while a breakdown would increase downside risk. Fundamental...

Recommendation

Watch closely and avoid initiating large positions now. Wait for a confirmed breakout above resistance or a clear retest of support before adding exposure; use tight risk controls if trading the event...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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