Polkadot $DOT

/USDTTechnical Analysis – Eyeing Key Targets 🎯

Polkadot (DOT) has shown impressive momentum, currently trading at $7.95 (+29.16%). Here’s a technical breakdown with 3 potential targets to watch:

Current Market Overview

Resistance Levels: $8.00, $8.50

Support Levels: $7.60, $7.20

3 Targets to Watch 🎯

1. Short-term Target: $8.10

A slight push above the $8.00 resistance could test $8.10, aligning with the current bullish trend.

2. Mid-term Target: $8.50

Sustained buying pressure may propel DOT to $8.50, a key resistance zone with historical significance.

3. Long-term Target: $9.00

Breaking the $8.50 level could open the door to $9.00, signaling robust market confidence in DOT's performance.

Indicators Supporting Growth

RSI: Showing bullish divergence, signaling room for more upside.

Volume: Strong 24h trading activity with 35.31M DOT, indicating active market participation.

Polkadot remains a top Layer 1 contender with increasing community interest. Monitor price action carefully for potential entry or exit points. Stay updated and trade wisely!