Polkadot (DOT) experienced a significant increase of 30%, reclaiming crucial support amid positive market sentiment. The trading volume remained robust, with open interest at 483 million USD, indicating trader enthusiasm.
Despite the bullish sentiment, the RSI indicates overbought conditions at 73. A short-term correction may precede potential growth, especially if DOT remains above 3.90 USD, with targets reaching 5.40 USD.
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