$DOT ๐
Price: ~$3.78, showing minor intraday decline.
Recent trading ranges: Analysts observed DOT trading around $4.00, fluctuating between about $3.86 and $4.12, signaling a possible bottoming phase.
Support & resistance levels:
Support zones: $3.8โ$4.0; deeper support $3.0โ$3.2 for fallback scenarios.
Resistance: strong potential upside if breakout occurs; long-term targets include $6, $9, and even $12.
Coinfomania indicates resistance around $11.58
Tech & OnโChain Developments
Ecosystem upgrades: Polkadot launched a capital markets divisionโPolkadot Capital Groupโaimed at courting institutional investors, especially amid growing U.S. regulatory clarity.
Leadership shift: Co-founder Gavin Wood is set to return as CEO by end of August 2025, signaling a renewed strategic push.
Developer momentum & treasury: DOT continues to lead in developer activity, supported by active monthly developers and a substantial treasury exceeding $100 million earmarked for ecosystem growth. #binancetruns8 #TradingSignals #creatorpad