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Polkadot Price: Is Accumulation Masking a Big Move?

  • Polkadot recently broke its daily structure low and trades around $3.40, showing signs of accumulation.
  • The price action suggests liquidity is building below, potentially setting up for a next upward move, triggered by a sweep of local lows.
  • While no setup is guaranteed, the current consolidation phase in Polkadot hints at a possible move upwards following a liquidity grab.
  • The market situation is dynamic, and while the potential for an upward move exists, there are no certainties, and other scenarios could unfold.

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