DOT Builds Bullish Structure with Entry at $3.399 and Targeting $4.882 Level Ahead

Key Insights:

• Polkadot eyes a breakout above $3.39, with profit targets set at $4.40 and $4.88.
• Crypto.com enables USDT and USDC transfers through Polkadot’s Asset Hub integration.
• New partnerships in Brazil and South Korea expand Polkadot’s ecosystem reach globally.

Polkadot (DOT) is showing early signs of a bullish reversal as traders watch key levels near the $3.39 mark. Market activity suggests that liquidity has been absorbed, setting the stage for a possible upward movement.

Technical Setup Points to Potential Reversal

According to recent analysis, the CISD level at $3.399 serves as a key entry point for traders. The suggested stop loss is placed at $2.900, while the profit targets are set at $4.400 and $4.882. These levels mark potential gains of 29% and 43%, respectively.

The strategy focuses on patience and confirmation. Traders are advised to wait for a retracement toward the CISD zone before entering. “Confirmation is king; don’t front-run the setup,” Crypto Patel emphasized. This measured approach aims to reduce risk and support structured trading decisions.

Currently, Polkadot is trading at $2.95 with a 24-hour volume of $254.6 million. The token has declined by 6.25% in the past day. Traders are watching for a decisive move above $3.39, which could signal the start of a bullish phase.

Crypto.com Expands with Polkadot Integration

On the fundamental side, Crypto.com has announced a new integration with Polkadot to enhance stablecoin transfers. The exchange now supports USDT and USDC transfers through Polkadot’s Asset Hub, a Layer 1 chain that manages non-native tokens. This update allows users to send stablecoins without needing a DOT balance.