Polkadot (DOT) Nears Resistance: Breakout or Bounce? 😨

$DOT has been trading within a small ascending channel on the 4-hour timeframe. The price has tested the resistance zone of $7.5 - $7.7 three times, failing to break through.

However, this latest attempt shows potential for a #bullish breakout, with the price aiming for the channel's upper limit.

Key Levels to Watch for #Polkadot : 👀

Support: Daily Demand Zone: $7.17 - $6.88 (critical for maintaining bullish structure)

Resistance: Current Level: $7.5 - $7.7, Next Level: Daily Supply Zone for: $8.58 - $9.11

What are Your Options on #DOT ??