Polkadot/USDT ANALYSIS

(Only Spot Trader Signals)

Polkadot is bouncing from the lower boundary of a parallel channel, but was rejected from the MA 50 on the weekly timeframe.

Strong volume and buying pressure indicate accumulation near current levels.

A successful breakout above this MA could push the price toward targets at $6.10, $7.90, $11.00, and $16.00🎯

(Do You On Research)