DOT Crypto Surges 3.69% Off Support—Here’s Why the Rally Isn’t Done Yet
DOT defies gravity with a sharp rebound—traders are betting this is just the start.
The bounce no one saw coming
After testing key support, Polkadot’s native token ripped higher like a trader spotting a mispriced futures contract. That 3.69% pump? Just the appetizer.
Liquidity flows tell the real story
Order books show bids stacking up faster than a Wall Street analyst’s excuses during a bear market. This isn’t retail FOMO—it’s smart money positioning for the next leg up.
The cynical take
Of course, some hedge fund manager will claim they ‘called this move’ after it happened. Meanwhile, DOT’s chart keeps doing the talking—loudly.
Key technical points:
- Support Held at High Timeframe Level: Reclaim of value area low and $3.75 support signals early reversal.
- Potential Higher Low Forming: A confirmed retest at $3.75 could lead to a move toward $5.
- Volume Inflows Present: Volume profile shows demand is supporting the current structure.
Polkadot’s recent bounce from high-timeframe support has opened the possibility for a structural bottom to form. Price has already reclaimed the value area low and rotated back above previously broken resistance at $3.75. This level is now acting as a base for a potential higher low, which WOULD further confirm a bullish continuation if defended over the coming days.
The current consolidation above $3.75 is the first major sign of demand at this critical price zone. Technical strength will be validated if multiple candle closes are seen above this level, confirming that bulls are successfully absorbing supply. Should this occur, the next key area to watch will be the point of control. A reclaim of the point of control would represent a strong structural win for buyers, opening the door for an accelerated MOVE toward the $5 resistance level and beyond.
The market structure remains bullish despite the recent corrective move. This pullback appears healthy and is likely to develop into a higher low within the broader uptrend. From a trend continuation perspective, this setup remains favorable for long positioning, especially if support holds and the point of control is reclaimed in the NEAR term.
Additionally, volume behavior adds weight to the bullish case. Inflows have accompanied the recent bounce, suggesting active participation from buyers. As long as these volume patterns persist, they are likely to support price action in pushing toward higher targets in the coming weeks and months.
What to expect in the coming price action
DOT is currently retesting the $3.75 support after a strong bounce. Holding this level will confirm a higher low and keep the bullish trend intact. A reclaim of the point of control could accelerate the move toward $5 and signal the continuation of the broader uptrend.