Polkadot (DOT) has gained nearly 6%, showing a strong uptrend. It recently tested resistance near $5.332, but a breakout above this could lead to further gains.
📌 Key Levels & Targets:
🎯 Target 1: $5.35 – Immediate resistance; a breakout could confirm further upside. 🎯 Target 2: $5.50 – Key resistance zone; flipping this into support could signal a stronger bullish trend. 🎯 Target 3: $5.75 - $6.00 – If momentum sustains, this could be the next major target.
🔻 Support Levels: 🛡️ $5.00 – Psychological support; staying above this keeps the trend bullish. 🛡️ $4.75 – Strong demand zone; a drop below this could indicate a possible trend reversal.
📌 Market Sentiment: Bullish, but traders should watch for profit-taking near resistance levels.
💬 Do you think DOT will break $5.50 soon? Share your thoughts below! 👇
