$DOT DOT (Polkadot) Gains Momentum! 🚀

• Current Price: $4.651 (+8.47%)

• 24h High: $4.672

• 24h Low: $4.262

Technical Analysis:

DOT is experiencing a significant bullish trend on the 1-hour timeframe, breaking through previous resistance levels with strong upward momentum. The price action is supported by a steady rise in volume, indicating growing interest and participation from buyers.

• Moving Averages:

• MA(7): $4.548 - Price is currently trading above this short-term moving average, highlighting a strong bullish trend.

• MA(25): $4.405 - DOT is also above the 25-period MA, indicating sustained momentum.

• MA(99): $4.214 - The price remains well above the long-term MA, further supporting a positive market outlook.

• Volume: Volume has seen a sharp increase, aligning with the price rally. This surge in volume strengthens the bullish sentiment as more buyers enter the market.

• Key Levels:

• Support: Immediate support is at $4.548, aligned with the 7-period MA. This level could act as a buffer in case of minor pullbacks.

• Resistance: The recent high at $4.672 is a key resistance level. A breakout above this point could pave the way for further gains.

DOT shows strong bullish signals, with prices trending above critical moving averages and supported by high volume. Traders should watch for a breakout above $4.672, which could signal continued upward momentum. However, if there’s a retracement, the $4.548 level may act as a support zone.#BIOProtocol #FedRateStrategy #AltCoinSeason #Trump47thPresident