🚨 $DOT at a Crucial Turning Point – What’s Next? 🚨
Polkadot ($DOT) is currently trading at $8.42 after a solid climb but is now pausing near the $10.50 resistance level. The price action suggests that DOT is at a decision point—will it break higher or pull back? If the price moves above $8.80, it could spark a bullish rally with targets at $9.40, $9.90, and $10.50. On the flip side, a drop below $8.00 might signal a bearish pullback, with potential targets around $7.60, $7.20, and $6.80. To stay on the safe side, traders can set stop losses at $8.10 for long positions and $8.60 for shorts.
If DOT manages to hold the $8.00 support, we might see a rebound, but breaking above $8.80 will be key to confirming bullish momentum. Keep an eye on these levels and trade smart—this could be an exciting opportunity for the next big move!