Polkadot (DOT) outperformed the broader crypto market on Monday, with trading volume surging 34% above weekly averages, signaling strong institutional participation.

DOT opened the 24-hour period at $1.99 and maintained a steady uptrend, demonstrating clear technical strength relative to the broader market, according to CoinDesk Research’s technical analysis model. Volume patterns indicated that the move was driven by institutional interest rather than retail speculation, reinforcing the quality of the rally.

During the same period, the CoinDesk 20 Index rose 9%, highlighting DOT’s outperformance and suggesting that asset-specific factors were the primary drivers of price action. Sustained bullish momentum pushed DOT from $2.141 to $2.245 in the latest hour, representing a 4.9% gain above initial breakout levels.

The token formed higher lows at $2.186 and $2.193 before breaking through the $2.220 resistance on exceptional volume exceeding 200,000 DOT within a concentrated three-minute window.

Key technical levels and observations include:

• Primary support: $2.05, with former $2.15 resistance now acting as support
• Next target: Psychological level at $2.30
• Breakout volume: 6.43M DOT, surpassing the 24-hour SMA by 195%, confirming institutional backing
• Trend: Ascending with higher highs and lows; successful breakout from the $2.00–$2.15 consolidation range
• Trading strategy: Immediate target at $2.30; stop below $2.05 support preserves a 3:1 reward-to-risk ratio

Overall, DOT’s strong price action and elevated volume point to continued bullish momentum, underpinned by institutional demand and technical strength.