DOT Rallies 13% Following Break Above Crucial Resistance

Polkadot (DOT) surged ahead of the broader crypto market, with trading volume climbing 34% above its weekly average, signaling robust institutional interest.

The token opened at $1.99 and maintained a steady upward trajectory over 24 hours, demonstrating technical dominance relative to the wider market, according to CoinDesk Research’s technical analysis model. Volume trends suggested the rally was driven by institutional activity rather than retail speculation, reinforcing the strength of the move.

In comparison, the CoinDesk 20 Index rose 9% during the same period, underscoring DOT’s relative outperformance and indicating that asset-specific factors were behind the price surge. Sustained bullish momentum pushed DOT from $2.141 to $2.245 in the latest hour, a 4.9% advance beyond initial breakout levels.

The token established higher lows at $2.186 and $2.193 before breaking through $2.220 resistance on heavy volume exceeding 200,000 DOT within a brief three-minute window.

Key technical highlights include:

Primary support: $2.05, with former $2.15 resistance now serving as support
Next target: Psychological level at $2.30
Breakout volume: 6.43M DOT, surpassing the 24-hour SMA by 195%, confirming institutional participation
Trend structure: Ascending with higher highs and lows; successful breakout from the $2.00–$2.15 consolidation range
Trading approach: Immediate target at $2.30; stop below $2.05 support preserves a 3:1 reward-to-risk ratio

DOT’s price action, combined with strong volume, suggests continued bullish momentum, largely supported by institutional demand and technical strength.