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Polkadot Gains 9% After Breaking Key $2.25 Resistance
Source: CryptoNewsNet Original Title: Polkadot Gains 9% After Breaking Key $2.25 Resistance Original Link: https://cryptonews.net/news/analytics/32078692/ Polkadot gained 9.2% to $2.28 over the last 24 hours, outperforming the broader crypto market.
DOT punched through the critical $2.25 resistance level that capped previous rallies, according to technical analysis models.
Trading volume surged 60% above the seven-day average, confirming genuine institutional interest behind the breakout move.
The price action showed a textbook ascending pattern as DOT climbed from $2.08 to $2.30 across an 11.6% range. Higher lows formed at $2.08, $2.23, and $2.29, establishing clear bullish momentum.
A double-top formation around $2.301 signals near-term resistance.
Wider crypto markets also surged higher, with the broader market gauge up 8%.