Polkadot (DOT) has witnessed an impressive 80% surge since October 18. However, it currently faces a challenging supply zone ranging from $7.236 to $7.575. To validate the sustained intermediate trend, the price needs to achieve a daily candlestick close above the mean threshold within this order block, specifically surpassing $7.424.
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Polkadot Faces Potential 5% Correction, Yet Bullish Momentum Persists
Polkadot (DOT) has witnessed an impressive 80% surge since October 18. However, it currently faces a challenging supply zone ranging from $7.236 to $7.575. To validate the sustained intermediate trend, the price needs to achieve a daily candlestick close above the mean threshold within this order block, specifically surpassing $7.424.