$DOT DOT/USDT Technical Analysis – June 8, 2025
Polkadot (DOT) made a swing low at $3.25 on April 9 and a swing high at $5.40 on May 12. The current price is $4.02 and forming a higher low, which confirms the beginning of an uptrend.
Volume is decreasing, showing that selling pressure has weakened. This is called bullish volume divergence, a sign that buyers are stepping in.
The price is now inside the Fibonacci golden zone (0.706). This is a strong support area and a common point for trend reversal. A V-shape recovery starts from this type of level.
A break above $5.40 confirms a bullish structure. The next resistance is the 200-day moving average at $5.56. Once price moves above it and holds, DOT enters a strong bullish phase.
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Trade Setup:
Buy Zone: $3.80 – $4.00
Stop Loss: $3.20
Short-Term Targets (2 to 4 weeks): $6.90 and $7.40
Mid-Term Targets: $9.16 and $11.60
Major Resistance: $10.25 (200-week MA)
Weekly Breakout Level: $11.889 → confirms bullish trend on higher timeframe
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Bull Market Long-Term Targets:
$17.55
$23
$45
$55
Final target for this cycle: $86 – $91
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Disclaimer: I am not a financial advisor. This content is for educational purposes only. Always do your own research and manage risk properly.
