Polkadot (DOT) faces a three-wave correction, potentially indicating a corrective move rather than a new uptrend.Coinglass reports a 29.26% increase in trading volume for Polkadot (DOT), signaling heightened market activity and potential volatility.Open interest for Polkadot (DOT) rises by 1.95%, suggesting more traders are holding positions and anticipating price movements soon.Analysts are monitoring Polkadot (DOT) as it shows potential for a five-wave recovery, indicating the possibility of a stronger bullish trend ahead.