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Polkadot Price Analysis: DOT/USD Faces Bearish Pressure at $5.30 Mark

Polkadot's price has decreased to $5.30 after a bearish run, with bears taking over the price charts and pushing prices below $5.40. Resistance is currently at $5.46, and if the bears continue to exert pressure, the DOT price could decline further to support levels of $5.26. The MACD is exhibiting a bearish crossover, and the RSI is in the neutral region, indicating that the bears are currently in control of the market. The key support level to watch out for is $5.26 and the resistance level to look out for is $5.46.

Polkadot Polkadot $8.45
-1.64%
Polkadot
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