![Polkadot [DOT] remains bearish – can bulls force a pullback](https://i.headtopics.com/images/2023/5/5/cryptoamb/polkadot-dot-remains-bearish-can-bulls-force-a-pul-polkadot-dot-remains-bearish-can-bulls-force-a-pul-1654540212226121730.webp)
DOT has been on a downward spiral recently. However, a price reversal looks likely with bulls attempting a recovery of its YTD high.
Selling pressure has been relentless with no pushback from bullsDOT has been on a steep downward trend since 18 April. Price smashed through the $6.4 support level before bulls found some respite at the $5.7 support level.
While the overall structure for DOT remained bearish, a few signals point to a bullish pullback on the horizon.
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