Based on observations of Polkadot $DOT , on the four-hour chart, it is moving within a small ascending channel. It's worth noting that the price failed to break above the resistance level in the range of $7.5-$7.7 for the third time. However, this time, there is confidence that upon reaching this level, the price will be able to break through it and continue moving upwards towards the upper boundary of the channel. This could serve as a signal for a bullish trend.
A crucial point is the daily demand zone within $7.17-$6.88, as maintaining it will be decisive for sustaining the bullish structure. If the price falls below this zone, we could expect further downside movement.
The next significant resistance level will be the daily supply zone between $8.58 and $9.11. Overcoming this zone could be a key moment for strengthening the bullish trend and opening the path for further price appreciation.
