Polkadot is undergoing a prolonged corrective consolidation around the critical $6.5 support level. The short-term expectation is that this correction and consolidation phase will continue. A quick bounce and slightly bullish correction is observed near the key $6.5 support level on the daily chart. However, Polkadot price was recently rejected from the 0.5 Fib level and declined. This indicates the possibility of a potential continuation of the price downtrend towards the critical $6 support zone. 📉📊