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Polkadot price analysis (Bullish) — 4.24 USDT (+1.53% 24h)

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Market Insight — DOTUSDT
Sentiment: Bullish

DOTUSDT is currently trading at $4.236, showing modest strength with a 1.53% gain over the past 24 hours. The price is hovering just above both the 20-day SMA ($4.225) and 50-day SMA ($4.209), indicating potential support consolidation. The RSI reading of 43.7 suggests the asset is neither overbought nor oversold, leaving room for movement in either direction. Trading volume of $24.3M is decent but not exceptional, reflecting cautious participation. Given the low volatility of 2.89%, we’re likely seeing accumulation before the next leg. My advice: consider scaling into long positions near current levels with a stop below $4.15, targeting a move toward $4.40 if momentum picks up. Keep an eye on broader market sentiment as DOT often moves with altcoin rotations.

Key Metrics

Price 4.2360 USDT
24h Change 1.53%
24h Volume 24279457.50
RSI(14) 43.67
SMA20 / SMA50 4.22 / 4.21
Daily Volatility 2.89%

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

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