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Polkadot (dot) 20 % rally eyes, 80 % of merchants are betting for a long time star-news.press/wp

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Polkadot rose 30 %, restoring the main support amid bullish feelings. With RSI in 73 and an open interest of $ 483 million, at the time of the press, a short -term correction may precede a possible raising about $ 5.40.


With the recent transformation of the market morale, Polkadot (Dot) succeeded in restoring the main support level it lost during the tariff war.

In addition to optimism, the original increased by 30 % impressive in two weeks, indicating a possible repetition of its historical upholstery style of the current level.

Polkadot in a major reflection area

Historically, this level always seems to be a better choice for investors and traders due to the date of price reflection.

According to the TradingView scheme, since October 2023, the price of DOT has reached this level more than six times, and each time, a price increase has been recorded.

Polkadot (dot) in a major reflection area

Source: TradingView

Given the current market morale, this appears to be just the beginning of another possible rise, which may explain the increasing interest of traders and investors.

80 % of Binance merchants betting on a long point on a point

Series analysis tool Coinglass It reveals that merchants are betting on the long side of more than those who take short sites.

At the time of the press, the long/short/USDT/short ratio has reached its highest level since June 2025 and was around 3.92, indicating that for every 3.92 long traders, there is only one dealer interested in a short center.

Binance Dotusdt long/shortBinance Dotusdt long/short

Source: Coinglass

This scale also shows that 79.68 % of merchants were betting on long positions, while 20.32 % were in short locations.

At the time of the press, the main liquidation levels in which the traders showed interesting $ 4.32 and $ 4.48.

At these levels, traders have built long jobs worth $ 4.23 million and $ 1.09 million in short positions, Coinglass said on the tools.

Open point the benefits dominated by bulls

At the time of writing this report, DOT prices amounted to $ 4.29, after decreasing by 5.06 % over the past 24 hours.

Nevertheless, the investor’s participation and traders are still high during the same period. Coinmarketcap reports that trading volume for 24 hours in DOT has increased by 48 % compared to the previous day.

Not only, yet, the open interest of DOT increased by 4.50 % to 483.36 million dollars, indicating prominent capital flows originally, indicating that DOT may continue its bullish momentum.

RSI signals in the peak area of purchase, and the withdrawal received?

Ambcrypto’s technical analysis reveals that DOT is in the direction of ascending. However, after the price increased by 30 % during the past nine days, the original appears to be exaggerated.

Polkadot Technical Analysis (DOT)Polkadot Technical Analysis (DOT)

Source: Trading Offer

This is also reflected in the RSI index, which was 73 years old, even writing, indicating that the original was in the peak of purchase, and there is a strong possibility that may face a correction before the start of another march.

Based on the latest price procedures, if the DOT is higher than the level of $ 3.90, there is a strong possibility that can witness another 20 % increase and may reach a level of $ 5.40 in the future.

Next: Dogecoin: Can sell 39 million dollars to sell gains in DOGE-evaluation …

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2025-07-19 08:00:00

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