Polkadot broke the main descending channel 3 days ago and still could remain above it
MACD on daily chart shows positive signs and price stuck into ICHI cloud.
if the price can close above ICHI cloud then bulls have strong chance to take the main role.
below the 34$ level though price is at the risk of more drop so our next key support level
would be around 28$.
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I have good news for crypto scalpers soon. thanks all
Enjoy the market
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for the purpose of preventing more drop we need 34$ key support level holds up. so this level is very important to hold
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after loosing our key support level as mentioned we had deep drop to next important support level 28$ but seems bears have big control of the market so still moving into the channel expected.