DOTUSDT
Polkadot exhibited a rebound from the strong support at $4.22 on June 10, indicating the bulls' attempt to halt the decline. The ongoing relief rally could reach the 20-day EMA ($4.98), where aggressive selling pressure from the bears is anticipated. If the price turns downward from this level, the DOT/USDT pair may retest the support at $4.22, potentially triggering a move towards $4 and subsequently $3.50.
Conversely, if the bulls drive the price above the 20-day EMA, it would suggest a weakening grip of the bears. The pair could first rise to $5.15 and then to $5.56. Until the buyers overcome this hurdle, the sellers will maintain control.
