Polkadot unable to reclaim $4: Time to short?

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Polkadot unable to reclaim $4: Time to short?
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Polkadot [DOT] posted more losses in early October as bearish pressure persists. The altcoin shed over +10% since 2 October.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.posted more losses in early October as the bearish pressure persisted. Notably, the token shed over +10% between 2 October and press time’s value of $3.85.defended the $27k but was yet to rebound strongly ahead of the September CPI data release on Thursday ., AMBCrypto projected a possible break above $4 if the $3.9 support is defended.

So, a BTC rebound towards $28k could tip DOT to mount above $3.9 but falter at the next roadblock at $4.0. So, if the bearish pressure persists, sellers could extend gains to $3.6 by using $3.9 and $4.0 hurdles for re-entry.

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