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TronWeekly

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Polkadot Forms Rounded Bottom: Will a Breakout Propel DOT to $12.730?

  • Polkadot (DOT) is forming a rounded bottom pattern, suggesting a potential uptrend as bulls gain strength after a period of sideways movement.
  • Key resistance levels for DOT are identified at $9.209, $11.103, and $12.730, indicating possible major growth targets.
  • A breakout above the critical level of $5.50-$6.00 is crucial for Polkadot, potentially triggering rapid price increases and creating new demand.
  • Market analysts are closely monitoring how Polkadot responds to important price marks, with a move above $5.50 potentially signaling a future cryptocurrency upturn.

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