Polkadot (DOT) has shown a notable rise of 9.21%, now priced at 4.11 USD. Technical indicators suggest a cup-and-handle pattern, hinting at a possible move towards the 5.00 USD resistance, supported by improved market conditions.
The current market sentiment for DOT is bullish, reinforced by rising trading volumes and macro liquidity trends. With aggressive long positions in derivatives and a recent move above 4.00 USD providing support, traders are optimistic about a forthcoming rally.
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