Sentiment: Bullish
DOT is showing resilience at current levels, trading at $2.609 with a modest 1.48% gain over 24 hours. The RSI reading of 40.4 indicates the asset is approaching oversold territory, potentially signaling a near-term bounce. Currently trading slightly below the 20-day SMA of $2.64 but above the 50-day SMA of $2.58, DOT appears to be consolidating within a tight range. The 5.6% volatility suggests relatively stable price action compared to typical crypto movements. Volume of $22.7 million indicates decent participation, though not explosive. For traders, consider accumulating near current levels with a stop below $2.55, targeting a move toward $2.75-$2.80 resistance. The technical setup suggests we could see a relief rally if broader market conditions remain stable. Watch for a break above the 20-day SMA as confirmation of bullish momentum returning.
Key Metrics
| Price | 2.6090 USDT |
| 24h Change | 1.48% |
| 24h Volume | 22722710.46 |
| RSI(14) | 40.40 |
| SMA20 / SMA50 | 2.64 / 2.58 |
| Daily Volatility | 5.59% |
Polkadot — 1h candles, 7D window (SMA20/SMA50, RSI).
