Polkadot alert: As DOT approaches a key level, should you buy or sell?

As the market displayed high volatility over the past few days, Polkadot [DOT] investors might as well also prepare for a bull rally.

Polkadot’s price was approaching a critical resistance level, and an on-going trend suggested that DOT’s price could go above that mark.investors might as well also prepare for a bull rally. This seemed to be the case as the token’s price was approaching a key resistance level, which, if broken, could allow DOT to reach new highs.n fact, a similar pattern appeared on the token’s chart back at the beginning of this year.

Our analysis of Santiment’s data revealed that DOT’s funding rate dropped on the 22nd of April. This was a bullish metric, as a drop in funding rate is often followed by price hikes.

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