$DOT has seen a 3.508% decline over the past 24 hours.
The price fluctuated between a high of 3.786 and a low of 3.572.
Current support is at 3.572, while resistance stands at 3.786.
With an RSI of 37.12, DOT is nearing oversold territory, suggesting potential for a reversal.
Market sentiment remains undefined, indicating traders are cautious.
As the price is approaching key support, a bounce could lead to a retest of resistance.
However, a breakdown below support may trigger further selling pressure.
Recent regulatory developments could also weigh heavily on market sentiment.
