$3.48 Is the Line in the Sand—If DOT Holds, Next Stop $4.35

DOT/USDT has shifted from a persistent downtrend into an early-stage recovery after forming a clear base near the stronger support area at $3.294. This accumulation zone attracted steady buying interest, eventually fueling a breakout past the previous resistance near $3.531, which has now become a support level.

At present, DOT is trading around $3.688, showing healthy momentum as it approaches the first resistance area. The recent price action demonstrates a breakout–retest structure that typically signals a continuation of bullish sentiment as long as key support levels hold.

The Chaikin Oscillator at the bottom confirms this accumulation phase, with sustained green histogram bars indicating that buying volume is building steadily. The indicator flipped positive before the breakout and continues to support the bias that bulls are in control on this timeframe.
There are two critical resistance zones ahead: the first around $3.974, which marks an interim profit-taking level, and the second near $4.345, a stronger barrier where sellers are likely to appear. If price closes above this higher zone with conviction, it would further confirm that the market has transitioned into a new bullish trend.

Trade Idea (Long Bias)
• Entry: Current area near $3.68 or on a small retracement toward $3.63–$3.60
• Stop-Loss: $3.480, placed just below the weaker support to protect against a deeper reversal
• Target 1 (TP1): $3.974, where partial profits can be secured
• Target 2 (TP2): $4.345, a more ambitious target aligning with the upper resistance
• Reward-to-Risk Ratio: Approximately 3.3, offering a favorable setup

As long as DOT stays above $3.531 and does not violate the $3.480 stop level, this bullish structure remains intact. If the price drops back below $3.480, it would suggest that the breakout has failed, increasing the likelihood of a retest of the accumulation zone around $3.294.
Overall, the combination of structural breakout, retest, and strengthening momentum indicators supports the idea that DOT may continue climbing toward the upper resistance levels over the next several sessions.