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Polkadot $DOT – Range-Bound and Quiet
DOT’s chart shows extended consolidation with limited volatility. Price is stuck between well-defined support and resistance, offering little directional clarity. This type of market often frustrates traders but rewards patience. Sellers appear exhausted, yet buyers aren’t aggressive enough to force a breakout. DOT needs a catalyst or volume expansion to escape this range. Until then, price action suggests accumulation rather than distribution. Watching for a confirmed breakout is far more effective than trying to trade the middle of the range.
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