polka dot
According to the technical analysis model of coindsk research, the token has potentially returned the bullish speed after withdrawing a significant support level at $ 3.96.
According to the model, the “strong support” and firmly rebounding Dot experienced a 7% improvement from $ 4.038.
The token currently trades around $ 3.97.
Comprehensive market gauge, coindesk 20 The index was 0.8% less at the time of publication, with a sharp move between President Donald Trump and Elon Musk below a sharp move.
Technical Analysis Highlights:
- Dot-USD experienced a 7.06% improvement from $ 4.038 to $ 3.753 before installing strong support.
- The value formed an ascending channel after improvement, recovering the level of $ 3.95 with increasing the purchase pressure.
- Spike of more than 5.9 million during the improvement phase, followed by 1.7 million volume during the recovery period.
- $ 3.98- The major resistance installed on $ 4.00 zone with immediate support at $ 3.95.
- The high low pattern formed after a brief pullback confirms the speed of speed
- Psychologist $ 3.96 level successfully defended, strengthening the recovery story.
Disclaimer: Some parts of this article were generated with assistance from the AI tool and reviewed by our editorial team to ensure accuracy and adherence. Our standard. See for more information Coindesk’s full AI policy.
