DOT Market Overview – July 11, 2025

At 19:05 EEST, Polkadot ($DOT ) is trading at $4.01 on Binance, reflecting a strong 24-hour gain of 10.59%. This surge shows renewed investor interest, likely driven by active community engagement and ongoing developments within the Polkadot ecosystem. Rising trading volumes support the growing momentum.

From a technical perspective, DOT is showing signs of strength. On the 4-hour chart, the 50-day simple moving average has crossed above the 200-day SMA, which often signals a bullish trend. The Relative Strength Index (RSI) is hovering around 65, indicating bullish pressure but also nearing overbought territory—so some caution is still needed.

Currently, resistance sits at $4.50. A successful breakout above that level could open the door to a move toward $5.00 in the short term. On the downside, support is found at $3.80, with stronger backing around $3.50. Staying above $4.01 helps maintain the current positive sentiment.

Looking ahead, DOT may attempt to retest the $4.50 zone, and if momentum continues, a push toward $5.00 before the end of July is possible. For the longer term, a range of $7.00 to $10.00 by year-end could be achievable if parachain adoption and total value locked (TVL) in the ecosystem expand. By 2030, with broader Web3 adoption and key partnerships, some forecasts see potential for DOT reaching $20 to $50 or more. However, market corrections and competition, particularly from Ethereum, remain challenges.

A potential trading idea could be buying near $3.80, with a target at $5.00 and a stop-loss at $3.50. DOT continues to draw attention thanks to its role in the Web3 space and strong backing from Binance. The active community adds to its speculative appeal.

What’s your take on DOT’s future? Share your thoughts below and stay tuned for more updates.

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