The article highlights that Polkadot's price is showing signs of a bullish reversal, with multiple technical indicators aligning. The 1D chart shows a Falling Wedge pattern, which often signals strong price movements and suggests that a mid-term correction is ending. The article mentions a target range of $9-$9.50 for the immediate breakout, which coincides with previous horizontal resistance. However, if Bitcoin dominance weakens in Q1 2025, altcoins like DOT could see accelerated gains, and the extended target of $18-$20 aligns with a Cup and Handle pattern on higher time frames. Traders should pay attention to the volume and the upper trendline of the Falling Wedge for confirmation of the breakout, as well as potential support at $5.70 if the breakout delays. Overall, the article suggests that Polkadot is primed for a significant rally.



Other News from Today