Sentiment: Bullish
DOTUSDT is showing strong momentum with a 4.57% gain over the past 24 hours, currently trading at $3.229. The price has pushed above both the 20-day SMA ($3.193) and 50-day SMA ($3.124), indicating bullish near-term and medium-term trends. However, the RSI reading of 69.18 suggests DOT is approaching overbought territory, which could signal potential near-term resistance. Trading volume of $14.5 million appears healthy and supports the current price movement. The 3.29% volatility reading indicates moderate price swings, typical for DOT during active trading periods. Traders should watch for a potential pullback if RSI crosses above 70, with support likely around the $3.19-$3.12 range. Consider taking partial profits on strength toward $3.30-$3.35 resistance, while maintaining core positions for potential continuation if volume persists. Risk management remains crucial given the elevated RSI levels.
Key Metrics
| Price | 3.2290 USDT |
| 24h Change | 4.57% |
| 24h Volume | 14508950.68 |
| RSI(14) | 69.18 |
| SMA20 / SMA50 | 3.19 / 3.12 |
| Daily Volatility | 3.29% |
Polkadot — 1h candles, 7D window (SMA20/SMA50, RSI).
