$DOT Polkadot (DOT) is currently showing signs of bullish momentum, driven by increasing developer activity and partnerships within its ecosystem. The price has recently held a support level above $8, which suggests that DOT could continue to push upwards, potentially testing new resistance levels in the coming days.
**Analysis:** The market sentiment around Polkadot remains positive, with ongoing network upgrades and an expanding parachain ecosystem. If DOT sustains its current momentum, it could challenge resistance near $9.50–$10 in the short term.
**Target Price:** $9.50
**Buy Price:** Around $8.70, ideally close to support levels
**Current Price:** $8.717
If Polkadot fails to hold its current support at $8.50, there could be short-term downside risk, but overall, the outlook is bullish for the near term.$DOT