#cryptotradingpro

Polkadot Bounces Back with 4% Rally, Signals Strong Institutional Interest 🚀

$DOT surged over 4% to $4.12, defending key support at $3.84–$3.86 and breaking resistance at $3.92 with heavy buying volume. 📈 Trading spiked to 7M in volume, targeting $4.15–$4.20 next.

Polkadot’s developer activity remains robust, ranking 8th in core commits (72) and 2nd in ecosystem commits (4,337), trailing only Ethereum.

💻 This coding momentum underscores long-term confidence.

Technically, DOT’s high-volume breakout and ascending channel suggest bulls are in control, with new support at $4.00–$4.02. Fibonacci extensions point to upside targets at $4.15–$4.20. 📊

With institutional accumulation and steady development, $DOT looks poised for a push toward the upper $4s if market conditions hold. 👀