$DOT Polkadot (DOT) Analysis - November 30, 2024

Polkadot (DOT) is showing mixed signals today, with a **neutral to slightly bearish sentiment** due to declining trading volumes and resistance near $9. Recent market activity indicates a consolidation phase, as DOT struggles to break out of a critical resistance zone.

For bullish traders, a break above $8.95 could pave the way for a rally toward $9.20, while bearish trends might see support levels tested around $8.60.

Key Levels:

- **Current Price:** $8.872

- **Buy Zone:** $8.65–$8.75

- **Target Price:** $9.00–$9.20

- **Stop Loss:** Below $8.60

Market participants should watch Bitcoin's performance, as its movement heavily influences DOT's trajectory. Short-term traders could capitalize on volatility, while long-term investors may wait for further confirmation before accumulating.$DOT