As the new week unfolds, Polkadot is set to retest critical zones that could serve as launch points for continued bullish action. A successful hold or break above these areas may confirm the strength of the current trend and pave the way for higher targets in the near term.
With both technical and fundamental factors aligning, the analyst urged traders to keep a close eye on DOT this week. A sharp and unexpected move to the upside could be on the horizon, potentially catching the market off guard.
At the time of writing, DOT is trading at $3.62, with a market capitalization exceeding $5.8 billion and a 24-hour trading volume of over $185.4 million. DOT’s price has increased by 1.82% within the same time frame.
