In this video I review the daily chart of Polkadot as we try to get a vibe of the price action after seeing it recently break a support zone.
After making all time highs price pulled back (with the rest of crypto) and initially tested the 40-38 support area before eventually breaking it.
A small rally in the past few days has price testing the level as resistance and it is a level it will need to breach otherwise it will be confirmed as resistance and price may come back to the swing low we just saw at 33-32.
I break this down and more in the video....