DOT Price Skyrockets on Short Squeeze, or Is It a Bullish Breakout?
Polkadot's (DOT) price has surged by 6.67% in one session, crossing above its major moving averages for the first time in a while.
This significant move has raised questions about whether it's a genuine demand-driven breakout or just a short squeeze.
The momentum indicators are mixed, with some showing upside momentum and others indicating a potential cooling-off period.