Polkadot $DOT
is currently trading at $8.201, showing strong momentum and presenting key technical levels to monitor for potential price action. The support at $7.80 has been consistently holding, offering a solid base for potential rebounds. A pullback to this level may provide an attractive entry opportunity for those looking to buy the dip. On the upside, resistance at $8.50 remains a critical level to watch; a breakout above this could signal a rally towards $9.00 and potentially higher. Traders may consider entering near the support at $7.80 with a short-term target of $8.50, while a breakout play above $8.50 could offer the potential for further gains. With Polkadot’s robust ecosystem and its emphasis on interoperability, the project shows strong potential for both short and medium-term opportunities. Keep a close eye on the resistance zone for a breakout confirmation.