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Polkadot price analysis (Bullish) — 3.26 USDT (+3.63% 24h)

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Market Insight — DOTUSDT
Sentiment: Bullish

DOT is showing encouraging momentum today, climbing 3.63% to $3.257 amid solid trading volume of $36.4 million. The current price sits comfortably above both the 20-day SMA ($3.220) and 50-day SMA ($3.204), indicating underlying bullish structure. With RSI at 64.8, DOT approaches overbought territory but hasn’t yet crossed the critical 70 threshold that typically signals exhaustion. The 7.6% volatility reading suggests moderate price swings are expected. For traders, consider accumulating on any pullbacks toward the $3.20 support zone, which should hold given the SMA confluence. Resistance appears around $3.35-$3.40 based on recent price action. Position sizing should account for potential volatility spikes, and stop losses below $3.15 would protect against any breakdown below key moving averages. The volume profile suggests genuine institutional interest rather than retail speculation.

Key Metrics

Price 3.2570 USDT
24h Change 3.63%
24h Volume 36433106.14
RSI(14) 64.84
SMA20 / SMA50 3.22 / 3.20
Daily Volatility 7.60%

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

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