Polkadot DOT bullish momentum has potentially returned, after the token retook an important support level at $3.96, according to CoinDesk Research's technical analysis model.

DOT experienced a 7% correction from $4.038 to a low of $3.753 before establishing "strong support" and rebounding strongly, according to the model.

The token is currently 1.3% lower, trading around $3.97.

The broader market gauge, CoinDesk 20 CD20 index, was 0.8% lower at publication time, also recovering from a sharp move lower amid a tussle between President Donald Trump and Elon Musk.

Technical analysis highlights: • DOT-USD experienced a 7.06% correction from $4.038 to a low of $3.753 before establishing strong support. • Price formed an ascending channel after the correction, reclaiming the $3.95 level w

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