Polkadot price analysis (Neutral) — 2.34 USDT (+1.61% 24h)

DOT is showing tentative signs of stabilization after recent volatility, currently trading at $2.336 with a modest 1.6% gain over the past 24 hours. The price sits just above the 20-day SMA at $2.324, suggesting potential near-term support, while remaining comfortably above the 50-day SMA at $2.292. The RSI reading of 44.68 indicates neither overbought nor oversold conditions, leaving room for movement in either direction. Trading volume of $13.7 million shows decent participation, though not explosive. The 5.35% volatility reading suggests DOT remains a higher-risk play compared to major cryptocurrencies. For traders, consider accumulating on dips toward the $2.29-$2.32 support zone with stops below $2.25. Resistance appears around $2.40-$2.45 where previous selling pressure emerged. Position sizing should remain conservative given the elevated volatility environment.