$DOT The dark times are over Waiting for the rise
1. Overall Trend Judgement (Core)
Current price $1.834, although it has doubled from the bottom of that spike, it is still down 85% compared to the high point at the beginning of the year. The price is currently oscillating in a narrow range between $1.70 - $2.00, with the MACD showing a golden cross upwards in the deep water area, indicating that the market is undergoing post-disaster reconstruction.
DOT has confirmed the bottom in the short term. That epic spike is a sign of the main funds entering to buy in. Currently, it is in the stage of “both the bottom and grinding,” although the space for decline is limited, the upward momentum is still lacking.
2. Key Levels
Resistance Level (Selling Pressure Zone):
Short Resistance: $2.50 - $3.00. Small oscillation platform. A rebound to this level will create a resonance resistance from both profit-taking and trapped positions.
Strong Resistance: $4.00 - $5.00. A clearly broken platform bottom. Once it breaks here, DOT will plunge. To return to a bull market in the future, it must reclaim the $4.00 level.
Support Level (Defensive Zone):
Lifeline: $1.70 - $1.80. Currently the support zone for the real K-line. Bulls are building the first line of defense here.
Extreme Bottom: $1.00 - $1.20. If extreme panic occurs again, the price may test the waist position of that lower shadow line.
3. Trading Volume Signals
Signal: Crash with massive volume, grinding the bottom with extremely low volume.
The trading volume on the day of the spike was at a historically high level of panic sell-off, and the subsequent horizontal volume quickly shrank.
Interpretation: Selling pressure has been exhausted. Those who wanted to sell have sold out, and the remaining people are “playing dead.” The market has entered a liquidity exhaustion waiting period, needing just a little bit of capital to lift it up, but it is also easily affected by the overall market.
4. Operating Strategy
For Holders: Hold on till the end.
DOT is a cross-chain leader, and the fundamentals still exist.
Since it has survived the terrifying moment below $1.00, cutting losses at $1.80 now is meaningless. It is recommended to hold on, waiting for ecological recovery or a broad market rally.
For Those without Positions: Regular investment layout.
Strategy: The current price is at a historically low level.
Buying: It is recommended to gradually accumulate in the range of $1.60 - $1.80 as a long-term base.
Logic: Once this old brand public chain rises, a rebound to $4.00 (doubling) is highly probable, with a very favorable risk-reward ratio.
5. Summary
DOT has completed “shock therapy,” and $1.70 is the accumulation zone. The darkest moment has passed, and now what is needed is time to exchange for space.