The price of DOT (Polkadot) has surged significantly, which could lead to profit-taking and selling pressure. If a sell-off occurs, the price might experience a correction. Historical patterns and market predictions suggest that DOT could drop by up to 50% during a significant correction, potentially reaching around $5-$6 in a worst-case scenario if momentum fades and selling intensifies. However, strong support levels at $8-$9 could act as a buffer before such a drastic decline occurs
If you’re a short-term trader: Consider setting a stop-loss just below recent support levels (around $7.5-$7.7) and taking partial profits at current levels.
If you’re a long-term investor: You might hold through volatility, focusing on DOT’s fundamentals and long-term use cases.
Whoever support Polkadot, I would suggest you to transfer whatever you can do from your side, I will be appreciating you for that Thanks in advance lets see how much support we can get from polka community
here is polkadot address bnb smart chain address: 0x719ce5202c2246ac536439b396e119d93feed334
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