🔮#Polkadot's future hangs in the balance as it teeters arou

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🔮#Polkadot's future hangs in the balance as it teeters around the $7.4 resistance level.📊 - The market's in a critical spot. A surge could trigger a short-squeeze, boosting bullish momentum. But, a rejection might see DOT drop to $6.5.📉📈 - The 4-hour chart shows an ascending wedge pattern. If DOT can't surpass the $7.4-$7.6 resistance, we might see a pullback.🔙 - Sentiment analysis reveals a balanced market. Long/Short Accounts Ratio is at 3, indicating more retail traders going long, while institutions seem to be shorting.👥💼 What's your take? Bullish or bearish on DOT? Share your thoughts below!👇 #DeFi #Web3

🔮#Polkadot's future hangs in the balance as it teeters around the $7.4 resistance level.📊
- The market's in a critical spot. A surge could trigger a short-squeeze, boosting bullish momentum. But, a rejection might see DOT drop to $6.5.📉📈
- The 4-hour chart shows an ascending wedge pattern. If DOT can't surpass the $7.4-$7.6 resistance, we might see a pullback.🔙
- Sentiment analysis reveals a balanced market. Long/Short Accounts Ratio is at 3, indicating more retail traders going long, while institutions seem to be shorting.👥💼
What's your take? Bullish or bearish on DOT? Share your thoughts below!👇 #DeFi #Web3