Sentiment: Bearish
DOTUSDT is showing significant bearish pressure with an 8.26% decline over the past 24 hours, trading at $4.008 against a backdrop of elevated volatility. The RSI reading of 14.65 indicates severely oversold conditions, suggesting potential for a short-term bounce, though this must be viewed cautiously. Price is trading below both the 20-day SMA ($4.21) and 50-day SMA ($4.30), confirming the downtrend structure. Volume remains substantial at over 43 million, indicating active participation in this move. Traders should watch for potential support around the $3.90-$4.00 zone. Consider scaling into long positions only if RSI shows divergence or price reclaims the $4.20 level. Risk management is crucial – set tight stops if attempting counter-trend trades.
Key Metrics
| Price | 4.0080 USDT |
| 24h Change | -8.26% |
| 24h Volume | 43262470.43 |
| RSI(14) | 14.65 |
| SMA20 / SMA50 | 4.21 / 4.30 |
| Daily Volatility | 4.01% |
Polkadot — 1h candles, 7D window (SMA20/SMA50, RSI).
