Hi Guys,

It's Big & Big #alert About $DOT Recovery Phase !!!

Polkadot shows signs of recovery: Could $4.25 be the next target?

DOT shows potential for higher prices amid bullish indicators and liquidity dynamics.

Polkadot [DOT] seems to be gradually gaining momentum in the Web3 space, following a recent upgrade that has attracted significant attention from developers.

Like other cryptocurrencies, DOT has faced declines in recent months. However, there are promising signs of a potential bottom forming, which has sparked optimism for the final quarter of 2024.

The weekly MACD is showing higher lows, and the moving averages are flattening, indicating that DOT could be preparing for a bullish run as the market stabilizes and recovers.

Polkadot’s price action further supports this outlook. DOT/USDT has shown resilience by failing to break below the low it reached in October 2023, which preceded a bull run that peaked in March.

Since then, the price has been trending downward. The August 5th market crash low has not been breached, suggesting

accumulation is taking place.

A potential double bottom at $3.56 could indicate a reversal is near.

When analyzing the Chaikin Money Flow (CMF) indicator alongside DOT’s price, a divergence appears: while CMF is rising, DOT’s price has been declining.

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