The price of #DOT moves in an ascending channel in the 4-hour time frame. The trend was not strong and could not break the resistance level of $7.500-$7.700.

Now, the price has reached the bottom of the channel. According to the current situation of the market, we can expect the price to drop to the support area of $6.500

If the bottom of the channel can support the price and the price does not break out of the channel, the price will return to the resistance level#altcoins #DOT_UPDATE $DOT