📌 Polkadot (DOT) — Real-Time Technical Update & Trade Bias
Current Price Action:
DOT is trading around the $1.9 range. Short-term indicators show a mixed to bearish bias as price remains below key moving averages. RSI is neutral, while MACD stays below zero, indicating sellers still control short-term momentum.
🛑 Bearish (Short) Bias — Primary Scenario
• DOT continues to form lower highs, confirming weak structure on the daily chart.
• Failure to hold the $1.93 pivot strengthens bearish continuation.
Short Setup:
Entry: Below $1.93 (with confirmation)
Targets: $1.80 → $1.70
Stop-Loss: Above $2.06–$2.10
Rationale: Downtrend remains intact unless price reclaims resistance.
📈 Bullish (Long) Bias — Conditional
• Strong support near $1.90 could trigger a short-term bounce.
• A daily close above $2.06–$2.10 with volume may flip momentum.
Long Setup:
Entry: Above $2.10
Targets: $2.28+
Stop-Loss: Below $1.90
🔍 Key Technical Levels
$1.90: Major support
$1.93–$1.94: Daily pivot
$2.06–$2.10: Key resistance
$2.28+: Mid-term breakout zone
📌 Summary
Bias: Bearish below resistance
Short favored: Below $1.93
Long only: After confirmed breakout above $2.06–$2.10
#dot #StrategyBTCPurchase $DOT
