Polkadot (DOT) Exhibits Bullish Potential on Weekly Chart
Technical analysis of the DOT/USDT pair reveals a promising scenario. On the weekly timeframe, Polkadot's price action is successfully holding above the cup and handle formation. This pattern is often indicative of a potential reversal or continuation of an uptrend.
Key observations:
- #DOT/USDT maintains position above the cup and handle formation on the weekly chart
- This pattern suggests a possible rise in price
- Traders and investors are closely watching for a potential breakout.
