Could play out this way - DOT is currently in a descending wedge which is a reversal pattern and on the 1H timeframe is inside an Inverse H&S - which combined with the descending wedge means we should rise back to the previous local highs if everything plays out accordingly.
TP1 $53
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DOT has some major near-term catalysts that will be announced any day now - they have an audit that will finish and then parachains will launch soon after... this is pretty big imo