Polkadot (DOT) is trading in a weak to neutral zone, showing limited bullish momentum. Price remains below key moving averages, which indicates sellers still control the market. Short-term price action suggests sideways consolidation, with buyers defending lower support but failing to push above resistance. Momentum indicators like RSI are near neutral, signaling no strong trend yet.
Key support lies around the recent lows, while resistance remains near the psychological round number above current price. A breakout with strong volume could trigger a short-term recovery, but rejection may lead to another pullback. Overall sentiment stays cautiously bearish unless structure changes.
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