Polkadot ($DOT ) has experienced a slight decline of 2.293% in the last 24 hours.
Recent price action fluctuated between a high of $3.508 and a low of $3.33.
The current support level stands at $3.388, while resistance looms at $3.508.
With an RSI of 37.37, DOT is approaching oversold territory, indicating potential buying opportunities.
Market sentiment remains undefined, leading to cautious trading.
If price nears the support at $3.388, a bounce back could occur; conversely, a drop might heighten selling pressure.
Watch for any major developments, as they could significantly sway market reactions.