Polkadot's DOT Faces Bearish Pressure Despite Recovery Attempts

Description

Polkadot's DOT encountered ongoing bearish momentum despite several recovery attempts, fluctuating between $3.87-$4.11 throughout the 24-hour timeframe, according to CoinDesk Research's technical analysis model. The model showed that substantial institutional purchasing activity developed at critical support zones around $3.87-$3.93, notably during elevated volume sessions at 03:00 and 14:00 hours. Significant support has developed in the $3.87-$3.93 range with resistance at the $4.11 level, acc...