DOT Coin Sentiment Update June 2 2025 🚀
Bullish or Bearish? Bearish 😟: On June 2, 2025, Polkadot (DOT) trades at $4.08, facing downward pressure despite ecosystem growth.
Price Trend 💰: DOT sits at $4.08, down 2.66% from recent levels, with predictions of a dip to $3.99 by June’s end 📉.
Technicals 📊: 50-day SMA falls, acting as resistance, while the 200-day SMA rises since May 28, showing long-term strength.
Ecosystem Boost 🌟: Elastic Scaling rollout in June enhances parachain throughput, drawing developers; JAM protocol looms for scalability.
X Sentiment 🐦: Posts cautious, some see a pullback, others hope for a rebound with upgrades.
Hold or Sell? 🤔: Hold! Short-term bearish dip likely, but long-term Web3 potential grows.
Sentiment: Bearish 😶
