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David Tevzadze
David Tevzadze

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πŸ“Š Polkadot Surges 30% β€” Is a Pullback on the Horizon? ⚠️

πŸš€ Polkadot ( $DOT ) has jumped 30% in two weeks, reclaiming a key support lost during the tariff war. This area has historically triggered major reversals, and current sentiment hints at a repeat of that bullish pattern.

πŸ“ˆ Since Oct 2023, DOT has tested this level six times, each followed by a solid rally. Now, traders are eyeing a continuation, with growing attention on the asset’s next move.

πŸ’Ή On CoinGlass, Binance's DOT/USDT Long/Short ratio hit 3.92 β€” its highest since June 2025. Nearly 80% of traders are betting long, while only 20% are shorting. Major interest zones lie at $4.32 and $4.48, with $4.23M in long positions built at those levels.

πŸ”₯ DOT’s Open Interest rose by 4.5% to $483.36M, and daily trading volume jumped 48%, despite a slight 5% dip in price to $4.29. This reflects strong bullish participation and capital inflows.

πŸ“‰ However, RSI stands at 73 β€” firmly in the overbought zone. After a non-stop rally, DOT may face a short-term correction before its next leg up.

🧠 If DOT holds above $3.90, a further 20% surge to $5.40 remains on the table.

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