Gareth Soloway: Polkadot bounces after trendline breakout and support test

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Polkadot bounces after trendline breakout

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Daria Chernytska

11.08.2026

Gareth Soloway: Polkadot bounces after trendline breakout and support test — Polkadot bounces after trendline breakout

Gareth Soloway, chief market strategist at InTheMoneyStocks, is monitoring polkadot:native following a recent breakout above a near-term trendline and a subsequent retracement to a key support level.

He suggests that polkadot is poised for a move higher, with price action expected to rebound from support.

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Soloway has tracked similar technical setups in other markets. He recently noted HYPE approaching key support at $50 and monitored its trendline stability. Earlier, he closed a long position on RKLB with an $3,953 realized gain after one day.

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