$DOT **Polkadot (DOT) Analysis - November 29, 2024**
Today, Polkadot (DOT) is showing neutral to mildly bullish momentum. With its price currently at **$8.742**, it is stabilizing around a key support level. The market sentiment aligns with broader altcoin recovery trends, fueled by Bitcoin’s resilience above $37,000. DOT's recent upgrades and expanding parachain ecosystem continue to provide long-term bullish potential.
For short-term traders, if DOT holds above $8.70, a breakout toward **$9.20** is possible. However, if the support falters, it may retest the $8.50 range.
**Key Levels:**
- **Target Price:** $9.20
- **Buy Range:** $8.50–$8.70
- **Sell Price:** Above $9.20
Overall, DOT’s position as a leading interoperability protocol sustains long-term confidence. Current prices offer a decent entry for both swing trades and accumulation, provided Bitcoin’s trajectory remains favorable.
Stay cautious of market volatility and monitor Bitcoin’s influence on altcoins.