Polkadot (DOT) Daily Analysis – May 31, 2025

Polkadot (DOT) is currently trading at $3.97, reflecting a slight decline of -0.057% for the day.

Technical Overview:

Support Level: $3.70

Resistance Level: $4.50

Market Sentiment: Neutral

Fear & Greed Index: 74 (Greed)

Analysts observe that DOT is consolidating between the support at $3.70 and resistance at $4.50. A breakout above $4.50 could signal a bullish trend, while a drop below $3.70 might indicate further downside.

Future Outlook:

Looking ahead, some forecasts suggest that if DOT breaks above the current resistance, it could target levels between $9.86 and $14.18 in 2025.

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