Polkadot broke its previous monthly low just as Bitcoin and Ethereum did and is now struggling to build bullish momentum in what is a clear downtrend.

Despite the downtrend, the 3-day chart is showing a bullish crossover on the MACD, suggesting that we have an increased chance of a relief rally over the coming weeks. When could we see the relief rally and what are the support and resistance levels to watch out for!!

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