DOT/USDT Polkadot ( DOT tickers down $5.91 ) nudged above the 20-day EMA ($6.40) on Oct. 10 but the bears sold aggressively at higher levels.
That pulled the price below the immediate support at $6.25.
This is an important level for the bulls to defend because if the support cracks, the DOT/USDT pair could signal the resumption of the downtrend.
The 20-day EMA remains the short-term resistance to watch out for on the upside.
If bulls push the price above this obstacle, the pair could rally to the overhead zone between $6.64 and the 50-day simple moving average (SMA) ($6.79).
A break above this zone could lead to a strong recovery.

Source - Coin Telegraph
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