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Polkadot price analysis (Bullish) — 4.22 USDT (+8.33% 24h)

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Market Insight — DOTUSDT
Sentiment: Bullish

DOT is showing impressive momentum today, surging 8.33% to $4.225 with substantial volume exceeding $32.5 million. The current price sits comfortably above both the 20-day SMA ($4.12) and 50-day SMA ($4.00), indicating strong bullish structure. However, the RSI reading of 82.56 flashes serious overbought warnings – this extreme level suggests the rally may be overheating. The 3.29% volatility indicates active but not excessive price swings. Traders should consider taking partial profits here given the stretched technicals, while maintaining core positions for the broader uptrend. Wait for a healthy pullback toward the $4.10-$4.15 support zone before adding new positions. Stop losses should be placed below $4.00 to protect gains. The high volume confirms institutional interest, but caution is warranted near these elevated levels.

Key Metrics

Price 4.2250 USDT
24h Change 8.33%
24h Volume 32510265.25
RSI(14) 82.56
SMA20 / SMA50 4.12 / 4.00
Daily Volatility 3.29%

Polkadot — 1h candles, 7D window (SMA20/SMA50, RSI).

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