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.
Analysis
Recommendation
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.