Polkadot's DOT Surges 7% as Bullish Momentum Breaks Through Key Resistance Level 🚀
*$DOT Price Analysis:*
- *6% Increase*: Polkadot's DOT index rose 6% as bullish momentum broke through a key resistance level.
- $3.57 Price: $DOT stock rose to $3.57, with a 7.06% increase.
- *Strong Support*: The price found strong support at $3.25 during 01:00 with above-average trading volume.
*Technical Analysis:*
- *Upward Channel*: The price action has formed a clear upward channel with higher lows and highs, indicating continued upward momentum.
- *Resistance Breakout*: The stock saw a sharp rise, breaking through the key resistance level at $3.44.
*Market Trends:*
- *Broader Market Recovery*: The $DOT surge comes amid a broader recovery in cryptocurrency markets.
- *Increased Trading Volume*: Strong trading volume supported