$DOT đ Polkadot (DOT): Can the price continue rising? đ
DOT is trading near $1.176, following a notable recovery from lower levels on the chart. The RSI indicator reads around 59, reflecting relatively positive momentum without entering overbought territory. The $1.20 level stands out as nearby resistance, while the $1.15â$1.16 range may serve as support that the price needs to hold. A decisive breakout above resistance could support further gains, while a loss of support may bring selling pressure back. â ď¸ Disclaimer: This is educational technical analysis, not investment advice; the cryptocurrency market is volatile, and you may lose part of your capital. DYOR
DOT is trading near $1.176, following a notable recovery from lower levels on the chart. The RSI indicator reads around 59, reflecting relatively positive momentum without entering overbought territory. The $1.20 level stands out as nearby resistance, while the $1.15â$1.16 range may serve as support that the price needs to hold. A decisive breakout above resistance could support further gains, while a loss of support may bring selling pressure back. â ď¸ Disclaimer: This is educational technical analysis, not investment advice; the cryptocurrency market is volatile, and you may lose part of your capital. DYOR