Sentiment: Bearish
DOTUSDT is showing concerning technical signals as it trades at $3.082, down 2.65% over the past 24 hours. The current price sits just below the 20-day SMA of $3.092, indicating weakening short-term momentum, while remaining significantly below the 50-day SMA of $3.131 suggests persistent bearish pressure. The RSI reading of 32.7 places DOT in oversold territory, which typically signals potential for a short-term bounce, though it could also indicate continued selling pressure if support levels fail. Trading volume of $15.6 million appears moderate but hasn’t provided sufficient buying interest to reverse the downtrend. Given the current technical setup, traders should watch for a decisive break above the 20-day SMA as a potential entry signal, with tight stop-losses below recent lows. The high volatility reading of 2.94% suggests traders should position size accordingly and consider scaling into positions rather than taking full exposure at current levels.
Key Metrics
| Price | 3.0820 USDT |
| 24h Change | -2.65% |
| 24h Volume | 15615252.32 |
| RSI(14) | 32.73 |
| SMA20 / SMA50 | 3.09 / 3.13 |
| Daily Volatility | 2.94% |
Polkadot — 1h candles, 7D window (SMA20/SMA50, RSI).
