- Polkadot (DOT) surges 14% in a week, defying market volatility and breaking key resistance.
- Bullish technical setup suggests a move toward $6.10, with potential targets at $7.90, $11.00, and beyond.
- Fundamental strength fuels momentum, with growing staking participation and new parachain developments.
Polkadot (DOT) has been gaining strong momentum, defying broader market volatility with a 14% surge over the past week. While many cryptocurrencies have struggled to maintain stability, DOT has managed to break through a key resistance zone on lower timeframes and is now in the process of retesting this level. If the bullish momentum continues, Polkadot could be on the verge of an extended rally.
At the time of writing, Polkadot is trading at $5.14, with a 24-hour trading volume of $592.88 million and a market capitalization of $7.93 billion. Despite its strong weekly performance, DOT has seen a 2.12% decline in the…
