Polkadot (DOT) is holding up nicely at critical support levels. The 2-week falling wedge continues to defend its ground, which is encouraging for bulls eyeing a potential breakout. What's catching traders' attention right now is the bullish divergence setting up alongside consolidation above key support. If momentum holds, $23.80 emerges as the resistance level worth monitoring closely on the upside. The setup suggests potential for a meaningful move if the formation breaks convincingly.

DOT-1.4%
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DegenWhisperervip
· 01-07 16:59
Break below 23.8 to take off, otherwise it's just a fake breakout again.
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FreeRidervip
· 01-07 16:47
Wait, can this falling wedge really break out? I'm almost falling asleep watching it.
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GasFeeTherapistvip
· 01-07 16:46
Wait, can $23.8 really break through? It feels like it's going to get smashed down again.
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GateUser-a180694bvip
· 01-07 16:38
Can the 23.8 level really break? It always feels like it's just a little short.
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PoetryOnChainvip
· 01-07 16:38
The crucial level at 23.8 is coming again. Can it really break this time? It feels like this wave has a bit of a comeback vibe.
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CommunityWorkervip
· 01-07 16:36
The $23.8 level is the key to take off if broken, otherwise it's just another fake breakout.
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RooftopVIPvip
· 01-07 16:34
Only after breaking 23.8 is there hope; anything said now is pointless.
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