🔮#Polkadot's future hangs in the balance as it teeters around the $7.4 resistance level.📊

- The market's in a critical spot. A surge could trigger a short-squeeze, boosting bullish momentum. But, a rejection might see DOT drop to $6.5.📉📈

- The 4-hour chart shows an ascending wedge pattern. If DOT can't surpass the $7.4-$7.6 resistance, we might see a pullback.🔙

- Sentiment analysis reveals a balanced market. Long/Short Accounts Ratio is at 3, indicating more retail traders going long, while institutions seem to be shorting.👥💼

What's your take? Bullish or bearish on DOT? Share your thoughts below!👇 #DeFi #Web3