Polkadot's recent performance has been interesting. The price broke out of the downtrend channel and is now testing the area above the channel.
Two key directions to watch: First, if the bulls can hold this position, DOT is expected to continue testing the $2.89 level. Technically, this will be an important resistance.
On the flip side, if the current support is broken, more short-term buying opportunities may appear, and only then could a genuine upward trend emerge. Currently, it's a matter of observing which side—bulls or bears—can better control the price.
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RealYieldWizard
· 12h ago
Well, DOT is indeed at a critical point this time; it all depends on whether it can hold steady.
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If it can't hold, it might actually be a buying opportunity; dip buyers are ecstatic.
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2.89 is a bit far off; let's see if it can break 2.5 first.
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After such a long tug-of-war between bulls and bears, it feels like the market maker is accumulating.
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It's another key resistance level; I'm tired of hearing that term.
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Let's wait until it breaks through; jumping in now is a bit risky.
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I just want to know when it can truly take off.
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No matter how perfect the technicals are, they can't beat the market sentiment; that's reality.
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SwapWhisperer
· 18h ago
Looking at DOT's recent breakdown, it's a bit interesting, but honestly, I don't dare to bet on the 2.89 level...
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Breaking down and immediately trying to push resistance? Let's see how long the bulls can hold up.
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Is a low-entry opportunity coming? Or will it continue to fluctuate... Who knows?
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Wait, is the support level really solid? Feels a bit fragile.
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Neither bulls nor bears have gained the upper hand, so let's keep watching the show.
View OriginalReply0
MoonWaterDroplets
· 01-18 05:31
Wait, can 2.89 really be broken? It feels a bit uncertain.
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GateUser-fd44c9d7
· 01-17 11:10
Polkadot, this trash thing has no strength at all.
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MissingSats
· 01-17 10:57
Hmm... This wave of DOT feels like a consolidation game. If you can't hold on, just keep exiting to buy more. Nothing special.
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GateUser-c799715c
· 01-17 10:53
2.89 That level feels a bit risky. Can the bulls really hold it?
If it breaks, it breaks. Anyway, there are plenty of opportunities to buy the dip.
If this wave of dot really takes off, it would be incredible.
If the support can't hold, then the real sniper point is ahead.
Another observation of bulls and bears? Might as well go all-in directly.
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LiquidityWitch
· 01-17 10:45
If you can't hold it, just go for the bottom, anyway there are plenty of opportunities to buy low.
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CommunityLurker
· 01-17 10:40
2.89 Resistance feels like it can't break, how do you see DOT in this rebound?
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Is there a chance to buy the dip? If it really drops, I'll buy the bottom. Anyway, I'm already trapped, haha.
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Bull and bear tug-of-war, it still feels like it's destined to be volatile. Breaking through is so difficult.
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If it can't hold, it will have to fall back, no suspense about that.
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Is $2.89 really that critical? I feel like it's all just虚的.
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Wait for the support to break before saying anything. Entering now just makes you a bag holder.
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DOT, DOT, when will you give us a clear break?
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Break through when it breaks, fall when it falls. Can't we keep it simple?
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Holding above the channel line, I'm already tired of this routine.
View OriginalReply0
ZKSherlock
· 01-17 10:32
actually... the way this charts the resistance at $2.89 feels like watching a probabilistic proof system negotiate its own trust assumptions. if bulls can't maintain this level, we're basically resetting computational overhead on the entire thesis, ngl
DOT/USDT Technical Analysis
Polkadot's recent performance has been interesting. The price broke out of the downtrend channel and is now testing the area above the channel.
Two key directions to watch: First, if the bulls can hold this position, DOT is expected to continue testing the $2.89 level. Technically, this will be an important resistance.
On the flip side, if the current support is broken, more short-term buying opportunities may appear, and only then could a genuine upward trend emerge. Currently, it's a matter of observing which side—bulls or bears—can better control the price.