Polkadot ($DOT) Poised to Reach Local High of $9.6

Alternative coins have yet to catch up with Bitcoin's ascent, including DOT , which is currently oscillating between a support zone of $7.0–$7.3 and a resistance zone of $7.62 –$8.20.

There's an anticipation that buyers will soon make a move to break out from this sideways range upwards. Potential targets include resistance zones at $8.46, $8.74–$9.2, and the local high of $9.6 established on December 26, 2023.

With Bitcoin on an upward trajectory, significant pullbacks in Polkadot's chart are unlikely. The price might retract to the support area of $5.96–$6.57, but falling below this bracket seems improbable.