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buy on weakness
DOT

Polkadot Eyes $5.50–$6.50 in 30 Days Despite Mixed Technicals

I expect Polkadot (DOT) to reach $5.50–$6.50 within the next 30 days, implying roughly 41–67% upside from the current ~$3.90.

That said, technical indicators are mixed: short-term momentum is weak and overhead moving averages could cap rallies, while on-chain metrics and volume leave room for a rebound.

I’ll look to scale in on weakness with disciplined position sizing and clear stop-loss levels, reassessing if DOT breaks key supports.

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Analysis

Price target reflects a bullish scenario driven by potential renewed buying interest, but short-term technicals show limited momentum and resistance around the target zone; expect volatility and false...

Recommendation

Buy on weakness: scale into positions around nearby support, keep position sizing conservative, and place stop-losses below recent swing lows; reassess if bearish structure strengthens.

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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