🔍 Polkadot (DOT) – Market Pulse
*📈 Double/Triple Bottom Rebound*: DOT recently hit support near $3.46–$3.47, forming bullish reversal patterns (triple & double bottoms) that triggered ~4% recovery rallies .
*⏳ Technical Landscape*: Stuck in a descending channel since May, with key resistance at ~$3.75–3.79 and support at ~$3.46–3.59 .
⚠️ Mixed Signals: Indicators show bullish volume on rebounds, but broader technicals lean slightly bearish—key support holds the line .
🎯 What to Watch
Bullish Trigger: A breakout above $3.75–3.80 could reignite momentum toward the $4+ zone.
Bearish Risk: Falling below $3.46 support might pave the way for a dip toward $3.30.
📝 Quick Take – Binance Square Style
Polkadot is consolidating around $3.50, bouncing off mid-$3.40s support with healthy volume. Traders are keeping a close eye on potential breakouts above ~$3.75 or breakdowns below ~$3.46 to gauge the next directional move.
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