2026-01-06 04:22:20

Polkadot ($DOT) is showing bearish divergence signals on the 4-hour chart around the $2.238 resistance level. The token has been trending upward since it hit a bullish divergence bottom near $1.6, but this recent bearish divergence suggests the rally might be losing steam. Given the current price rejection at resistance, pullback pressure could build in the near term. Keep an eye on how DOT responds to this key technical level—traders should watch for confirmation of the bearish setup before positioning accordingly.

DOT5,15%

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MEVHunter

· 01-09 03:39

The 2.238 resistance level can indeed be observed in the mempool, with on-chain whales quietly positioning themselves, just waiting for this pullback to harvest the profits.

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TheMemefather

· 01-09 03:32

It's the same old story again, can't break $2.238? Just wait and see, I've already closed my position anyway.

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ChainMelonWatcher

· 01-07 20:34

2.2 Is this level really going to break down? Feels like the rebound is too fast.

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SerumSqueezer

· 01-06 04:44

It's the same old analysis again, bearish divergence to bearish divergence, to put it simply, it's just not being able to predict accurately.

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GameFiCritic

· 01-06 04:40

DOT rebounded from 1.6 to 2.238. This move... looks good, but the bearish divergence clearly indicates a pullback. This is a classic "false breakout" pattern. The real test is whether it can hold this resistance; otherwise, during the decline, both user retention and incentive mechanisms will need to be reassessed.

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EyeOfTheTokenStorm

· 01-06 04:27

It's the same old story again. The 2.238 resistance level is indeed risky. According to my quantitative model, this bearish divergence in the current bear market is quite interesting, but the problem is—if everyone has seen it, will it still be that simple? The rally from 1.6 to now was already suspicious, and the trading volume didn't cooperate at all. I bet the next move will either break through directly or present a fierce T opportunity. Don't be fooled by the attractive technical lines.

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BoredRiceBall

· 01-06 04:24

DOT is struggling here again; if it can't break 2.238, it will really need to pull back.

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