Polkadot (DOT) Rises 3.88% to $1.23, Tests $1.25 Resistance
- —DOT traded between $1.18 and $1.24, coming within a cent of $1.25 resistance
- —Top Binance futures traders are 68.1% long, with a long-to-short ratio of 2.13 to 1
- —Open interest dropped 2.45% in 24 hours; funding rate is neutral at 0.0100%
- —Key support sits at $1.16, with the lower Bollinger Band at $1.05
Why it matters: A high-volume close above $1.25 could open the way to $1.29 and $1.35, while a break below $1.16 would send DOT back to the $1.02–1.06 range.
Source: Blockonomi