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Polkadot Eyes $3.91 Test Ahead of 2.0 — Monitor for Breakout or Rejection

I see DOT testing the $3.91 level after a modest pullback (-2.18%) even as Gavin Wood returns to Parity and Polkadot 2.0 nears launch. Technical indicators are mixed, so the move could resolve either as a breakout toward higher levels or a rejection that extends short-term weakness.

I'll watch volume and confirmation candles around $3.91 and the reaction to upgrade-related news before taking a directional trade; until then I prefer to stay on the sidelines or size any exposure very cautiously.

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Analysis

DOT is trading around $3.91 (-2.18%) with mixed technical signals; the return of Gavin Wood and the Polkadot 2.0 upgrade are bullish catalysts but also increase event-driven volatility. Expect range-b...

Recommendation

Watch the $3.91 area and wait for a confirmed breakout or a clean rejection before entering. Avoid large positions ahead of the upgrade and consider smaller, risk-managed entries or buying weakness on...

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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