$DOT 🦅RECOVERY PHASE ⚠️⚠️⚠️

Polkadot ($DOT ) is currently trading at $6.981, down 1.72% over the last 24 hours. The price has ranged between $6.810 and $7.152 with a 24-hour trading volume of approximately 4.01M DOT . The market is showing signs of consolidation with bearish undertones.

$DOT is trading in a consolidation phase near its immediate support zone of $6.96–$6.81. A sustained break below $6.80 could signal further downside toward the $6.60–$6.50 range, while a breakout above $7.04 might initiate a recovery toward $7.15–$7.30.🚨🚨

Recommendation

Entry Points:

Near $6.80–$6.90 for potential bounce trades.

Above $7.05 for breakout confirmation.

Targets🎯

Short-term: $7.10–$7.20.

Mid-term: $7.30.

Stop-Loss: Below $6.30 to manage downside risk.

⤵️🔴

Overall Sentiment ➡️Neutral-to-bearish, awaiting stronger directional signals or volume increases for clearer trend definition.

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