‍# 🚀 $DOT Bullish Signal (2026.02.23)

**Trading Direction**: Going long on $DOT, betting on a technical rebound from oversold conditions
### Core Logic
- **Technical Analysis**: 1-hour RSI dropped to **26.87**, entering **extreme oversold** territory; price found strong support at **$1.235**, with substantial buying interest, indicating clear signs of market support.
- **Fundamental Factors**: Polkadot has restored the **Hyperbridge** functionality and officially launched the **Smart Contract Center**, with ecosystem infrastructure upgrades; positive developments are not yet fully priced in.
- **Market Sentiment**: Short-term oversold conditions are sufficient, with a strong need for technical correction, making it suitable for light-position trading to rebound.
### Trading Plan
- **Entry Range**: $1.23 – $1.26 (buying near current price)
- **Target Prices**
- TP1: $1.32
- TP2: $1.38
- TP3: $1.45 (move stop-loss to break even after reaching TP2)
- **Stop-Loss**: $1.19 (break below support, invalidating rebound logic)
- **Leverage**: 5–15x (mainly light positions)
### Invalid Conditions
Effective break below $1.19 with no quick recovery on the 1-hour chart, turning the bullish outlook into a wait-and-see stance.