Polkadot price analysis (Neutral) — 2.26 USDT (-0.35% 24h)

DOT is showing mixed signals as it trades at $2.262, slightly above its 20-day SMA of $2.258 but below the 50-day SMA of $2.284. The 24-hour decline of 15.5% suggests profit-taking after recent gains, though the RSI at 63.86 indicates there’s still some bullish momentum remaining. Trading volume of $5.59 million appears healthy, supporting the current price level. The 3.64% volatility reading suggests DOT is experiencing typical crypto market swings without excessive instability. Traders should watch for a decisive break above the 50-day SMA for confirmation of renewed upward momentum, while a drop below the 20-day SMA could signal further downside toward $2.20 support. Given the technical positioning, consider scaling into positions on dips toward $2.25 with stops below $2.20 for risk management.