Sentiment: Bullish
DOTUSDT is currently trading at $4.209, showing a slight decline of 0.355 over the past 24 hours amid moderate trading volume of $33.4 million. The technical picture reveals interesting dynamics – while the price sits below the 20-day SMA of $4.265, it remains above the 50-day SMA of $4.175, suggesting mixed near-term signals. The RSI reading of 30.14 indicates the asset is approaching oversold territory, which historically presents potential buying opportunities for contrarian traders. Current volatility sits at 3.06%, reflecting typical market conditions for mid-cap altcoins. For traders, consider accumulating positions near current levels with tight stop-losses below $4.15, targeting resistance around $4.35-$4.40. The oversold RSI combined with support at the 50-day SMA creates a favorable risk-reward setup for swing traders. Monitor Bitcoin’s broader momentum, as DOT typically correlates with overall market sentiment.
Key Metrics
Price | 4.2090 USDT |
24h Change | -0.35% |
24h Volume | 33491854.25 |
RSI(14) | 30.14 |
SMA20 / SMA50 | 4.26 / 4.18 |
Daily Volatility | 3.06% |
Polkadot — 1h candles, 7D window (SMA20/SMA50, RSI).