Polkadot (DOT) price action is capturing attention with analysts noting a surge of bullish momentum that could lead to an exciting potential upside. Key levels have been surpassed, creating buying opportunities for investors as traders anticipate a breakout from existing patterns. Charts reveal signs of a symmetrical triangle formation on the daily chart, along with a breaking trendline, suggesting a near-term rally. This is fueling predictions of $4.40 in the short term by September and potentially pushing DOT to $5.50 if the pattern plays out as expected. While the short-term outlook remains bullish, long-term analysts believe DOT’s undervaluation compared to its all-time high (ATH) from 2021 offers a potential for an impressive rebound in the first half of 2026.