Polkadot’s Falling Wedge: Breakout Potential Amidst Increasing Buyer Activity

PolkaDot (DOT) has been consolidating within a falling wedge formation for nearly a year, hinting at a potential bullish reversal. Recent price tests of resistance have shown weakening selling pressure and suggest that buyers are gaining momentum. This is further evidenced by increased volume accumulation between $3.20 and $3.80, signaling smart money positioning.