📉Polkadot's price has been on a bit of a rollercoaster ride

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📉Polkadot's price has been on a bit of a rollercoaster ride recently, but things might be looking up! 🎢 - DOT's been making lower highs & lows since March, even breaking below the $9 mark. - It's currently testing the 200-day moving average after a rebound from the $6 support zone. If it climbs back above, we could see a recovery toward $9. 📈 BUT, let's not get ahead of ourselves. The RSI is nearing the overbought area, which could signal a bearish reversal. 😬 Despite the recent price decline, the market might be forming a bottom. If enough supply comes in, DOT could see a rise in value. 🚀 What do you think? Is a recovery on the horizon? Drop your thoughts below! 👇 #Polkadot #DeFi

📉Polkadot's price has been on a bit of a rollercoaster ride recently, but things might be looking up! 🎢
- DOT's been making lower highs & lows since March, even breaking below the $9 mark. 
- It's currently testing the 200-day moving average after a rebound from the $6 support zone. If it climbs back above, we could see a recovery toward $9. 📈
BUT, let's not get ahead of ourselves. The RSI is nearing the overbought area, which could signal a bearish reversal. 😬
Despite the recent price decline, the market might be forming a bottom. If enough supply comes in, DOT could see a rise in value. 🚀
What do you think? Is a recovery on the horizon? Drop your thoughts below! 👇 #Polkadot #DeFi