$DOT /USDT: Polkadot Surges with Strong Momentum

Polkadot (DOT) is trading at $11.15, marking a significant +16.60% increase in the past 24 hours, showcasing strong bullish sentiment.

Key Metrics

24h High: $11.649

24h Low: $9.516

24h Volume (DOT): 38.78M DOT

24h Volume (USDT): $412.98M

Technical Levels

Resistance Levels: $11.156, $11.649, $11.779

Support Levels: $10.828, $9.876, $9.516

Market Analysis

Upside Potential: If DOT sustains above $11.156, it could test $11.649 and aim for $11.779.

Downside Risk: A retracement below $10.828 may expose DOT to support at $9.876 and $9.516.

Trading Strategy

For Buyers: Entry near $11.15 with a target of $11.649 and a stop-loss below $10.828.

For Sellers: Consider shorting around $11.649 with stops above $11.779.

Sentiment Overview

DOT's sharp rally is supported by substantial trading volumes, reflecting strong investor interest. Watch for consolidation or a potential breakout near the $11.649 resistance zone.

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