Polka Dot Price Prediction: Could $5.40 Be the Next Target?

Polkadot (DOT) is currently experiencing strong support near $4.19, setting the stage for a potential breakout towards $5.40. Recent chart analysis from More Crypto Online suggests this consolidation pattern may indicate a break-out in the near future. 4-hour chart data shows DOT trading with a slight dip, but remains near critical support zones that could determine its next move. As long as the September low holds strong, Polkadot’s price might reach $5.40. Technical insights suggest key levels around $4.19 for support and resistance at $5.50 or higher. The analysis also shows buyers and sellers in a balanced market, with the potential for a breakout towards $5.40 if bullish momentum builds.