Polkadot [DOT] buyers have defended $6.9 as support, is $9 the next target?
Source: DOT/USDT on TradingView
In the recent pullback, the bullish market structure on the 4-hour timeframe was broken and flipped to bearish. The drop beneath the higher low at the $7.2 support level had flipped the structure to bearish.Instead of making further losses, the bulls were able to claw their way back upward once more. The bounce from $6.9 reached $7.38, but the structure remained bearish.
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