🟣 #DOT may be catching up with the market

I think everyone has forgotten about Polkadot. This coin showed negative dynamics for a very long time, but now the situation has begun to level out.

On the weekly timeframe, the price went beyond the trend line of resistance, which has been restraining growth for more than a year. Also, under the recently broken mirror level ~$5.80, a “squeeze” pattern in the form of “inverted head and shoulders” 🐂 has formed.

All this brought the price to two important levels, these are ~$6.90 and ~$7.85. The further price movement will depend on their breakdown.

Overall, Polkadot is starting to catch up with the market, but a large-scale recovery is still ahead 📈