As the June 11 ETF decision nears, demand for Polkadot (DOT) is increasing, supported by bullish sentiment and a recent surge in trading volume of 76%. Currently, DOT is priced at 4.11 USD, with potential resistance levels at 4.13 USD and 4.37 USD.
Investor optimism is growing due to pending SEC rulings, which could significantly impact DOT’s performance. Should the price successfully break the 20-day exponential moving average, it may indicate a stronger bullish trend. Conversely, a negative ruling could lead to a downturn towards 3.96 USD.
Leave a Reply