Polkadot (DOT) Primed for Explosive Rally: $8 and $12 Targets in Sight After Shattering $4.60

Polkadot’s DOT isn’t just breaking resistance—it’s bulldozing through it. The $4.60 barrier? Gone. Now, traders are eyeing $8 and $12 as the next stops on this rocket ride.

Why the surge? Call it a mix of network upgrades, parachain auctions firing up, and the usual crypto herd mentality. When DOT moves, it doesn’t tiptoe.

Technical setup screams bullish. The chart’s painting a classic breakout pattern—higher lows, volume spikes, and now a clean flip of $4.60 into support. Even Wall Street’s chart guys would nod approvingly (before overcomplicating it with 17 moving averages).

Risk warning: This isn’t financial advice—just observable price action. DOT could still facepullbacks if Bitcoin decides to impersonate a rollercoaster again. But for now? The path of least resistance points north.

Closing thought: If DOT nails these targets, maybe—just maybe—the ‘experts’ who wrote it off last year will pretend they believed all along. Crypto amnesia strikes again.

• Polkadot (DOT) eyes a bullish breakout after testing the crucial $4.60 resistance level, a multi-month ceiling.
• Technical analyst Crypto Patel suggests DOT could rally toward $8 and possibly $12 if momentum is sustained.
• Failure to break $4.60 could push DOT back to strong support around $3.30–$2.60, seen as a long-term buy zone.

Polkadot (DOT), one of the leaders of the Web3 and cross-chain interoperability spheres, is attracting growing interest from investors and traders as it approaches the level of a possible breakout.

Having survived weeks of price indecision and uncertainty on the markets fueled by macroeconomic stress, DOT is now showing signs of recovering its pace and broader resilience common to the entire crypto space.

At the time of writing, Polkadot is trading at $4.16, with its 24-hour appreciation standing at 1.69%. The cryptocurrency is endowed with a $6.70 billion market cap and has registered a 24-hour trade volume of $509.21 million.

This indicates renewed interest and purchasing enthusiasm on the part of speculators. The sharp upsurge in the price is on the heels of rising indications of the cryptocurrency space rebound, and as such, might bode for dramatic actions on the part of the altcoins, such as the DOT.

Polkadot Resistance Test Builds Hype for Next Rally

Notable crypto technical analyst Crypto Patel aroused discussion regarding the recent configuration of Polkadot, highlighting that the coin is currently challenging a significant resistance level of $4.60, a level that acted as the ceiling of price surges for some months. In the opinion of Patel, expect the breaking or buying moment for DOT, as he says, “Polkadot at $4.60, breakout or last chance to buy?”

Technically, DOT is tightening up just below the long-established $4.60 resistance. On its way through this level, it WOULD mark the conclusion of the macro-down descending channel and prepare the way for the commencement of a strong bullish trend.

Patel points out that, should momentum continue to hold good, DOT could rally up to $8 and even $12 in the near to medium term. But the alternative situation is one of caution. If the rejection for Polkadot continues for the second time around the $4.60 barrier, there is the possibility of declining to the $3.30–$2.60 zone of demand that served as solid support historically.

It will FORM an important accumulation level for risk-controlled buyers to join the market when the prices are discounted. In spite of the uncertainty, there are many who feel it is a good accumulation place for long-term holders.

While it is rarely correct to time the specific top or bottom, buying into zones of consolidation around important support and resistance points has worked for disciplined investors.

Now that the level of volatility decreases and Optimism is back for the altcoin market, all the world is waiting to see if the cryptocurrency will manage to break through its longtime ceiling. If it breaks through the $4.60 level with success, then it will establish the bullish reversal trend and will join the leaders of the upcoming altcoin rally.