Polkadot (DOT) Rallies 7.1% Before Hitting Resistance Near $1.061

Polkadot (DOT) is trading at $1.013, up 7.1% on the day.

The price sits above its key short- and medium-term moving averages, while remaining below longer-term trend measures.

Momentum indicators present mostly bullish signals, though oscillators show mixed readings and recent price consolidation suggests stalling momentum.

According to Traders Union analysis, the expected price range for the next 2 to 3 days is $0.959 to $1.061, with a 75% probability of an upward breakout.