![Polkadot [DOT] can cross the $7 level if these conditions are met](https://i.headtopics.com/images/2023/4/17/cryptoamb/polkadot-dot-can-cross-the-7-level-if-these-condit-polkadot-dot-can-cross-the-7-level-if-these-condit-1647835531869298689.webp)
Polkadot [DOT] inflicted a breakout and fixated on the $7 psychological level. However, the bulls target hangs in the balance as BTC consolidates near $30k.
Previously, DOT traded sideways between $5.77 – $6.66 before breaking out. But the breakout has constrained into a new upper range. At press time, the price action was above 50 EMA and 200 MA, reinforcing overall bullish sentiment both in the short and long term.
A break below $5.77 will be a sign of weakness. However, sellers must clear the dynamic supports and hurdles at 50 EMA and 200 MA to gain leverage.
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