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DOT

DOT Eyes $3.91 Test — Volatility Likely Ahead of Polkadot 2.0

I'm watching DOT as it tests $3.91 after sliding about 2.2% despite Gavin Wood's return as Parity CEO — a positive governance development that hasn't yet translated into price strength.

Technicals are mixed: short-term momentum looks weak while key support/resistance near $3.91 will likely determine the next move ahead of the Polkadot 2.0 upgrade.

I expect elevated volatility around the launch; I'll wait for clear confirmation (either a convincing break above resistance or a clean hold of support) before taking a larger position.

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Analysis

Price slipped ~2.18% to test $3.91; Gavin Wood's rehiring is a bullish governance signal but price action and indicators are mixed, making the upgrade an event risk that could drive short-term volatil...

Recommendation

Watch the $3.91 level and the price reaction around the Polkadot 2.0 launch; avoid aggressive buys now and only add after a confirmed breakout or a validated support hold.

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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