Polkadot Builds Bullish Momentum — Is It Ready to Break $4.30?

DOT tests resistance at $4.30 after weeks of consolidation within a descending triangle.

Bullish MACD crossover and RSI near 66 suggest growing buying momentum.

A successful breakout could lead to a retest of support before pushing price toward $6.

Polkadot (DOT) is heating up with a sharp 3.88% daily price jump and over $422M in volume, signaling growing trader interest. With a 5.58% weekly gain, DOT is back on the radar, setting the stage for a potential breakout that could excite bulls.

Polkadot Edges Toward Crucial Breakout Level

Polkadot (DOT) is gathering steam after a period of trading sideways and gradual pullback. The coin is currently trading just above $4,closer to the resistance zone near $4.30

This level has repeatedly acted as a ceiling, blocking momentum multiple times this year. A breakout above this mark could signal a shift in market sentiment and open the door for a potential rally toward $6. After dipping to lows near $3.70 recently, DOT has shown steady strength, gaining almost 4% in the past 24 hours

Source: World Of Charts Via X

DOT’s price has been confined within a descending triangle from late 2024 — a technical formation often associated with downward pressure.However the bulls appear to be stepping up, pushing the price toward the resistance boundary.

$4.30 Resistance: The Make-or-Break Zone

The $4.30 level is critical for Polkadot. It represents the upper edge of the triangle pattern and a level where sellers have historically pushed back hard.Recent price action however shows DOT consolidating close to this zone, suggesting buyers are growing bolder.

If DOT decisively breaks above $4.30, it would likely shift that level as new support. This retest is a classic move in technical analysis — a way for the market to “confirm” the breakout before accelerating upward. If that support holds, it could spark fresh buying interest and set DOT on a path toward $6.

Technical Signs Point to Growing Strength

On the shorter-term charts, momentum looks promising. The MACD has just crossed bullishly, indicating buyers are gaining control. Meanwhile, the RSI is hovering around 66 — a sign of healthy buying pressure without reaching overbought levels.

This leaves room for DOT to climb further before running into resistance.Volume has been steady, with recent green candles signaling growing demand.These factors suggest Polkadot is gearing up for a significant move.

Market Cap value showed steady growth with a sharp spike on September 7th that pushed it above 6.50 billion. This surge was followed by a slight pullback, but the value remained high showing strong and sustained market interest.

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