📉 Polkadot (DOT) Breaks Support – Bearish Signals Ahead?
Polkadot is under pressure, dropping to ~$3.38 after failing to hold key support at $3.50. The short-term trend has turned bearish, with downside momentum gaining strength.
🔍 Technical Breakdown:
• Support breached at $3.50
• RSI near 40 signals weak momentum
• MACD crossover confirms negative trend
• Next major support: $3.20–$3.25
• Resistance now at $3.48–$3.50
Unless bulls reclaim $3.50 with strong volume, DOT risks sliding further.
📊 Watch levels closely – a bounce at $3.36 could offer a short-term relief rally.