DOT 8H – Breakout from Triangle, Retest or Fakeout?

Polkadot has broken above its symmetrical triangle structure, pushing through the EMAs and briefly clearing resistance near $4.10. Price is now retesting the breakout zone, with Fib confluence levels stacked between $3.90–3.63 as support.

Upside potential:

Sustaining above $4.10 could open a move toward $4.40–4.60 range.

Downside invalidation:

A failed retest and close back under $3.90 risks dragging DOT into the Fib retracement cluster ($3.79–3.63).

Stoch RSI is heavily overbought, suggesting pullback risk in the short term, but structure favors continuation if $4.00 holds as support.

📊 Key focus: Does DOT confirm the breakout by holding above EMAs and Fib 0.5, or is this another fakeout before dropping back into the range?