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TronWeekly

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Polkadot (DOT) Trading Volume Surges 29.26%: Is a Big Price Move Coming?

  • 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.

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