Polkadot Triangle Pattern Points to $1.35 Target
Polkadot (DOT)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Polkadot has reached a critical technical juncture on its chart. The asset is currently forming a triangle pattern with price action tightening near the $1.21 level. This structure indicates that buying and selling pressure are compressing as swings become increasingly narrow.
Neither buyers nor sellers currently hold a clear advantage, creating a period of balance. Market participants are watching for a decisive breakout from this compression. A successful move above resistance could shift momentum higher.
This breakout would bring the projected $1.35 target into focus. The setup suggests that a larger move may be approaching once the current balance breaks.
How the market reacted
Whalio's own Binance spot order flow for DOT, measured when this story was written up on 4 October 2026. Not the outlet's figures.
DOT trades at $1.19 on Binance spot markets with a 1-hour buy ratio of 47.6% and a 4-hour buy ratio of 50.2%. These short-term readings sit below the 24-hour buy ratio of 51.2%, indicating that immediate buying pressure is fading relative to the daily average. The 1-hour volume delta is -$6,650, showing that sellers have dominated volume in the last hour. In contrast, the 4-hour volume delta is positive at +$2,980, suggesting that buying has outweighed selling over the longer timeframe. The 24-hour volume delta stands at +$229,017, confirming that net buying has exceeded net selling over the full day. This flow data shows a shift from net selling in the short term to net buying over the broader 24-hour period.
The latest daily buy ratio of 48.8% sits at the 47th percentile of the last 322 days, against a median of 48.9% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for DOT, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.4%, making the current 24-hour ratio of 51.2% an increase of 1.8 points. This suggests that today is an unusually active day for buyers compared to the weekly norm. However, spot volume is only 0.72x the average, indicating that participation is lower than usual despite the higher buy ratio. The 8-day volume delta is -$1,048,927, meaning that over the week, selling has significantly outweighed buying. This weekly context contrasts with the positive 24-hour delta, highlighting a recent shift in momentum against a longer-term trend of net selling.