Polkadot $DOT is trading between $7.80 and $8.40 in early May 2025, showing stability after a mild April rally. Key support sits at $7.50, while resistance is around $9.00.
Technically, $DOT is slightly bullish, trading above its 50-day moving average. The RSI is near 55, indicating neutral momentum. On the fundamentals side, growth in parachains and Web3 adoption could support further gains.
Price Scenarios for May:
Bearish: Drops to $6.80–$7.00 if support fails.
Neutral: Ranges between $7.80–$9.00.
Bullish: Could reach $9.50–$10.20 with strong market support.
In summary, $DOT shows promise for upside, but needs a breakout above $9.00 to spark stronger momentum.
