According to the Polkadot price analysis for today, bulls are attempting to reroute the pressure. Despite the earlier steep drops, bulls made a rebound on May 12, 2023, supporting the DOT/USD price at the $5.27 level. Bullish momentum had slowed down yesterday, but today it had greatly increased, and the price had risen to the $5.39 mark. Although bearish pressure is still present, today’s price oscillation is moderate but greater than yesterday’s due to the price’s proximity to the resistance zone.
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Polkadot Price Analysis: Bulls Attempt to Reroute Pressure With Moderate Price Oscillation
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