Polkadot Breaks Above $5 Resistance, Signals Potential Breakout

Polkadot (DOT) is on the verge of a major breakthrough as it surpasses its 20-week moving average. Analysts highlight bullish signals, suggesting a strong upward trend that could see DOT break through the critical $5 resistance level. This potential breakout has been fueled by improvements to the Polkadot ecosystem, which are attracting more developers and projects. Recent institutional interest in DOT is further adding fuel to the fire. Experts believe a decisive move above $5 would confirm the start of a sustained rally and potentially drive prices toward targets of $6.50 and even higher in the coming months.