Polkadot (DOTUSD) TESTING MAJOR SUPPORT LEVEL!

November was an awful month for DOT. Despite setting a new all-time high in early November, the price has been on a sharp downward trend. The sell-off escalated this week, where were saw price went from $40 to as low as $22!! Price broke the major support level but quickly recovered. Now price is testing the major support level that starts at $28. Let’s see if the price can end next week above $28! In that case, a bullish scenario is more likely. The major risk here is if the price breaks below the final support level at 22.

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Polkadot (DOTUSD) TESTING MAJOR SUPPORRT LEVEL! by EmpowerTrader on TradingView.com

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