DOT Tests $3.91 Ahead of Polkadot 2.0 — Mixed Signals
I'm watching DOT as it trades around $3.91, down roughly 2.2% even after Gavin Wood's return to Parity.
Technical indicators are mixed: short-term momentum shows weakness while longer-term structure could benefit if Polkadot 2.0 catalyzes buying. The $3.91 area is a near-term test of support/resilience.
I’ll wait for clearer on-chain activity, volume confirmation, or upgrade progress before taking a directional position — this is a watch-and-prepare setup for me.
Analysis
Recommendation
Watch for confirmation — wait for on-chain activity, higher volume, or decisive price action around $3.91 before buying; treat any entry as tactical and size accordingly until upgrade risk clears.
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.