$DOT

/USDT) Technical Analysis 🎯

Current Price: $7.43 (+18.95%)

Momentum: Bullish Breakout 🚀

Polkadot is gaining significant traction, with strong price movement over the last 24 hours. Let’s dive into its key levels and potential targets:

Targets 🎯

1️⃣ Target 1 - $7.85

This is a minor resistance level based on Fibonacci retracements. If DOT maintains its current momentum, it can easily breach this point.

2️⃣ Target 2 - $8.30

A key psychological level and near the 200-day EMA. Breaking above this indicates the start of a sustained rally.

3️⃣ Target 3 - $9.00

This aligns with historical resistance and signals a potential recovery to pre-correction levels. Reaching this could attract more buyers.

Support Levels

Immediate Support: $7.00

Critical Support: $6.50

Indicators to Watch

RSI: Overbought zone suggests caution but also indicates strong buying pressure.

Volume: High 24h volume signals strong interest.

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