Polkadot price analysis (Bullish) — 4.56 USDT (+9.12% 24h)

DOTUSDT is showing strong bullish momentum with a 9.12% surge over the past 24 hours, trading at $4.561 and well above both the 20-day SMA ($4.392) and 50-day SMA ($4.284). The RSI reading of 86.18 is deeply overbought, signaling potential for a near-term pullback or consolidation. High 24-hour volume of over $45.5 million confirms substantial interest, though the elevated volatility of 3% suggests traders should brace for sharp moves. My advice: consider taking partial profits here if long, and wait for a retracement toward the $4.30-$4.40 support zone for better risk-reward entries. Avoid chasing the pump—risk management is key with such extended conditions.