$DOT

/USDT Technical Outlook

Polkadot (DOT) is showing strong bullish momentum, trading at $8.778 (+32.38%). Here's what the charts reveal:

Key Levels to Watch

🎯 Target 1: $9.50 - Immediate resistance; breaking this level could fuel short-term rallies.

🎯 Target 2: $10.20 - A psychological barrier where profit-taking might occur.

🎯 Target 3: $12.00 - A longer-term target, signaling a breakout toward new highs.

Support Zones

DOT has strong support at $7.50, with buyers likely to defend this level during any pullbacks.

Indicators

RSI: Overbought but maintaining upward strength.

Volume: Significant surge, confirming bullish sentiment.

Market Sentiment

DOT remains a favorite among Layer 1 projects, gaining traction in the community and institutional circles.

Stay informed and trade responsibly on Binance to maximize your opportunities!