⭐️DOT Faces Resistance at $7.50, Possible Decline Ahead⭐️

Polkadot (DOT) faced strong resistance at $7.62, causing a sharp decline. After dropping, DOT found support at the 20-day SMA. The price then surged by 9.38%, reaching $7.58 as buyers stepped in.

If the price reverses, DOT could drop to $7.20 or $7. However, if DOT stays above $7 and breaks past $7.50, it could rise to $8 or higher. This week, DOT nearly broke $7.50, but resistance pushed it back down. The MACD indicator is bullish, and the RSI is neutral, suggesting room for a price increase.

Disclaimer: This post is for informational purposes only and not financial advice. Do your own research (DYOR). $DOT $BTC #PolkadotAnalysis #DOT_UPDATE #dotusdt #CryptoDailyInsight #Write2Earn!