Polkadot eyes $1.50 recovery amid consolidation and neutral technical signals.

Polkadot (DOT) is currently trading at $1.42, showing signs of consolidation with neutral technical indicators like RSI at 43.51 and a critical support level at $1.38. Analysts highlight a potential recovery to the $1.50 resistance if bulls maintain support, with a medium-term price range forecast between $1.35 and $1.62. The market remains cautious due to broader crypto uncertainties, but DOT's fundamentals and ecosystem growth offer potential upside. Investors are advised to watch the $1.38 support closely, as a break below could lead to further declines, while a sustained move above $1.50 may signal bullish momentum.