๐ฎ#Polkadot's price is dancing around the $6 support zone after a 17% drop. ๐ But don't fret, the bearish momentum is slowing down. ๐ปโธ๏ธ
๐On the 4-hour chart, we see a symmetrical triangle forming. This could mean a breakout in either direction. If it's upwards, we might see a bullish retracement towards the $6.7 mark. ๐
๐The futures market sentiment is cooling off, with open interest metrics decreasing. This could signal a resurgence of either long or short positions, triggering a decisive market movement.
What's your take on this? Bullish or bearish? ๐๐ป Let's chat in the comments! #DeFi #Web3 #CryptoNews