$DOT

📛‼️ DOT Might Dump: Polkadot Under Pressure as Bears Eye Breakdown! ❓♨️🎀

Polkadot (DOT) is flashing warning signs, and a potential dump could be just around the corner. After several failed attempts to reclaim the $4.00 resistance zone, DOT is now hovering near critical support around $3.60, showing signs of exhaustion. The bulls are losing grip — and the bears are circling. 📉🐻

Technically, things look grim. DOT has formed a lower high structure and is now compressing into a descending triangle — a pattern that often ends with breakdowns. RSI is rolling over below 45, and MACD just printed a bearish crossover on the daily chart. Volume is drying up, showing a lack of conviction from buyers. If the $3.60–$3.55 level cracks, DOT could quickly slide to $3.30, then $3.00, where very little support exists. 📊🧨

On-chain, Polkadot’s activity is stagnating. Despite its ambitious parachain model, only a handful of parachains are actually driving meaningful traffic. Developer activity, while stable, has not translated into sticky user growth. Meanwhile, DeFi TVL on the Polkadot ecosystem remains flat, and NFT volume is nearly nonexistent. There’s little in the fundamentals right now to support upside momentum. 🌐📉

Recent news paints a similar picture. While DOT saw a slight bounce earlier in the month, it failed to sustain above $3.75 and was rejected hard, confirming weak demand. Analysts have flagged the move as a classic bull trap. Without a bullish macro push from BTC or a DOT-specific catalyst, Polkadot may continue bleeding. 🧩🔻

Whale wallets have also shown signs of trimming exposure. Over the past week, large addresses have moved significant DOT amounts back to exchanges — typically a bearish signal. With altcoin liquidity rotating into meme coins, AI tokens, and Ethereum-based L2s.