Polkadot’s DOT Jumps 6% After Breaking Key Resistance Levels
Polkadot's DOT increased by 6% amid a crypto market rally, breaking through resistance levels at $3.34 and $3.44. Key highlights include:
- DOT reached $3.57, up 7.2% over the last 24 hours.
- Strong support was found at $3.25 during the 01:00 hour with high volume.
- A breakout occurred between 13:00-15:00 UTC, with 4.2 million in volume pushing DOT above $3.34.
- The most significant price movement happened between 16:04-16:06 UTC, where DOT rose nearly 3.2% on a volume of 261K, surpassing $3.44.
- Price action shows a clear uptrend channel, indicating continued bullish momentum.