Polkadot (DOT) is currently trading around $3.34, reflecting a 5.11% decline in the past 24 hours. The drop follows yesterdayโs bullish breakout above $3.34โ$3.44, which set the stage for support but failed to hold, leading to a pullback .
In this article, we will look at Polkadot crypto next target and technical analysis and latest news.
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Polkadot Next Target
- Current Price: $3.34
- 24h Price Change: โ5.11%
- 24h Range: $3.34 โ $3.56
- Market Cap: ~$5.22โฏbillion
- 24h Trading Volume: ~$202.8โฏmillion
- Circulating Supply: ~1.52โฏbillion DOT

Price is in a Downtrend (made a new 52-week low), trading in a Channel Down pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for such a breakout, ideally above $3.70, with +25% potential upside to $4.50 thereafter.
This is a riskier trade setup because itโs a trend reversal not a trend continuation setup. Itโs against the overall downtrend.ย
Key Technical Indicators
- RSI (~14): Currently in neutral-to-bearish zone (below 50)
- MACD: Mixedโsome fading of bullish momentum following pullback
- Support Levels: $3.25 (seen Jul 2), then $3.16 (mid-June consolidation)
- Resistance Levels: $3.44โ$3.56 (recent swing highs), then $3.90โ$4.00
- Trend: Short-term pullback within broader consolidation after breaking resistance
Latest Polkadot News & Developments
- Pullback After Breakout:
Following a 6% rally and breakout past key resistance, DOT retraced as profit-taking set in around July 3 . - Support Holds:
Volume-backed support emerged near $3.25, offering a base for potential renewed upward pressure . - Polkadot 2.0 Roadmap Moves:
Preparations for the Polkadot 2.0 shiftโfocusing on application-centric parachains and core-time marketplaceโare progressing, which could attract developer and institutional interest .
๐ ShortโTerm Forecast: Neutral to Slightly Bullish (if current support holds)
๐ Risk Level: Moderate โ watch for macro sentiment and roadmap updates
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