Technical analysis by CHOWTRADE about Symbol DOT: Buy recommendation (8/18/2025)

Polkadot continues to trade within a multi-year accumulation range, with the ~$3.50 level acting as a strategic support zone. We’re now seeing the fourth retest of this base — and once again, buyers are stepping in. 🔍 Structural Notes: Horizontal range: ~$3.50–$7.50 Support: ~$3.50 — key demand zone, respected on four separate occasions Watch level (eye): ~$17.50 — potential target zone in a mid-term cycle expansion DOT is showing signs of a "macro base" structure — extended sideways action after a deep bear market. This is often where long-term players begin to build positioning quietly. 🧭 Scenarios I’m Tracking: ✅ Bullish Case: A reclaim and close above $4.80 would open the door toward the upper range near $7.50 In the case of a broader altcoin cycle — upside could extend to $10–$17 ❌ Bearish Breakdown: A confirmed loss of the $3.50 level with volume would be a warning sign — and could lead to a flush toward ~$2.60 📌 My Take: DOT isn’t a "FOMO now or miss it" trade. This is a patience-based structure. These zones are where mid-cycle accumulation happens — and where large capital tends to position quietly. I’m watching how price reacts around $3.50 — that’s where real decisions will be made.