Polkadot (DOT) surged 18.9% since August 31st, retesting the psychological $1 resistance level last touched in June. Daily network activity spiked 150%, particularly within the Polkadot Products Devnet environment, a positive development but not necessarily indicative of a sustainable upward trend. The broader context remains bearish, with DOT in a downtrend since June 2025 and the CMF reading at -0.16 signaling sustained selling pressure. Resistance zones at $1 and $1.38 continue to cap potential gains. Swing traders are advised to lock in profits during this rally and remain on the sidelines pending a genuine recovery.
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