April 6, 2026

DOTUSD ❕ downward wedge

DOTUSD ❕ downward wedge

DOTUSD ❕ downward wedge

DOTUSD ❕ downward wedge

DOT / US Dollar (calculated by TradingView) BINANCE:DOTUSD
Solldy


DOTUSD ❕ downward wedge

Polkadot came out of the descending channel .
Volatility and trading volumes have decreased, and the current price movement looks like the formation of a downward wedge .
Buyback of the price under the support level happened on the candlesticks with long shadows.
I expect that the price can reach the resistance level if it fixes above the support level . It is important to watch the price reaction to the trend line .

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