Sentiment: Neutral
DOT is showing consolidation patterns around the $3.16 level after a modest 1.95% decline over the past 24 hours. The current price sits just above the 20-day SMA at $3.15 but slightly below the 50-day SMA at $3.16, indicating potential resistance at these levels. With RSI reading 41.23, DOT is approaching oversold territory but hasn’t yet reached the traditional 30-level threshold that typically signals strong buying opportunities. Trading volume of $17.5 million suggests moderate market participation, while volatility remains elevated at 3.35%. Traders should watch for a decisive break above the $3.20 resistance level for potential upside momentum, while a breakdown below $3.10 could trigger further selling pressure. Consider scaling into positions on dips toward $3.05-$3.10 support zones with tight stop-losses given the current market uncertainty.
Key Metrics
| Price | 3.1670 USDT |
| 24h Change | -1.95% |
| 24h Volume | 17506956.25 |
| RSI(14) | 41.23 |
| SMA20 / SMA50 | 3.15 / 3.17 |
| Daily Volatility | 3.35% |
Polkadot — 1h candles, 7D window (SMA20/SMA50, RSI).
