Can Polkadot (DOT) Break the $5 Resistance?
Polkadot (DOT) bulls struggled this week, failing to push the price above the key $5 level. Despite some early gains, sellers regained control, keeping DOT around $4.80, down 2%.
After a promising rise early in the week, DOT surged to $4.96 on Friday, but the rally lost steam, with sellers pulling the price back under $5.
Despite this, technical indicators hint at a possible bullish reversal. DOT is showing a falling wedge pattern and bullish RSI divergence, signaling a potential breakout. If it clears $5, DOT could rise to $6 or higher, but the resistance remains a key hurdle.
