Polkadot $DOT Price Analysis
#Polkadot #DOT experienced significant volatility recently, dropping over 5% on Thursday, May 29, to $4.34. The bearish trend continued Friday with a nearly 7% decline to $4.05. Over the weekend, DOT saw a slight recovery, gaining almost 1% on Saturday but dipping marginally on Sunday to close at $4.07. Monday brought a nearly 2% rise to $4.15 despite selling pressure, but the price fell slightly to $4.14 on Tuesday. Wednesday saw further losses, with DOT dropping over 3% to $4.00.
The downward pressure intensified on Thursday, with a 4.5% plunge pushing DOT below key support levels to $3.82. A recovery began Friday with a nearly 2% increase to $3.89, followed by a stronger 4% rally on Saturday, reclaiming $4.00 and settling at $4.04. Momentum faded on Sunday, with a 0.5% drop to $4.02. Currently, DOT is marginally up as buyers and sellers vie for control.
