The $4.22 price level is predicted to act as a strong resistance point for Polkadot (DOT), due to being the 78.6% Fibonacci retracement and an area of high past trading activity.
"This is where probably a lot of resistance will come in because this is the 78.6 retracement typically a very strong resistance level but also where we have a lot of we had a lot of trading activity in this area and therefore naturally there should be some resistance in that region."
