Polkadot: Watch out for DOT’s 12% bounce if this level is breached

If Polkadot can surpass the $4.62 resistance, it may trigger a rally toward $5.25. However, despite marginal improvements, bearish influence persists, and many investors may seek to cut losses.

The current market signals indicate significant challenges ahead as Polkadot attempts to recover from previous losses since November. Breaching higher resistance levels may prove difficult for bulls.