The native token of Polkadot, DOT, has experienced a 5% increase in value over the past week, following a period of decline. Trading within a descending channel since June 7, DOT faces resistance at $7.28 and support at $4.77. Despite a 7% drop since June 7, DOT's price is now at $6.12 and shows potential to break above the upper channel line. The Chaikin Money Flow indicator suggests a dominant buying pressure, but the weakening Aroon Up Line indicates a possible price reversal. If the uptrend weakens further, DOT's price may fall to $5.95; however, continued demand could push it to $6.27. This analysis serves as information only and not financial advice, urging readers to conduct their own research and seek professional guidance before making investment decisions. Read more AI-generated news on: https://app.chaingpt.org/news