Is DOT about to break through? Holding steady above $2 support, bullish sentiment continues to rise

【Crypto World】Polkadot has had a good market performance this month. Since the rebound at the beginning of the month, DOT has been hovering above $2, and the bullish pattern remains relatively stable. The recent surge is mainly driven by the launch on mainstream platforms and the influx of institutional funds.

From a technical perspective, DOT is currently in a standard upward channel, and momentum indicators are still signaling positive signals. The key support level is firmly at $2. If it can successfully break through $2.30, the upward target will be $2.80.

On-chain data also confirms this judgment—long-short ratio reaches 1.82, and open interest continues to accumulate, indicating that the market’s bullish strength is indeed building. Overall, the bullish signals are quite clear.