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.

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