Polkadot price analysis (Neutral) — 3.82 USDT (-2.30% 24h)

DOT/USDT is currently trading at $3.821, showing moderate weakness with a 2.3% decline over the past 24 hours. The price sits slightly below the 20-day SMA at $3.854, indicating near-term bearish pressure, while remaining significantly below the 50-day SMA at $3.940, which reinforces a weaker medium-term trend. The RSI at 54 suggests neutral momentum with a slight bullish bias, though it lacks strong directional conviction. Trading volume of $41.8 million appears adequate but not exceptional. Given the current technical setup, traders should watch for a decisive break above the 20-day SMA for potential long entries targeting $4.00. However, failure to hold above $3.80 could trigger further downside toward $3.70 support. Consider scaling into positions gradually rather than aggressive entries until clearer momentum emerges.