🔴 Breaking Alert: Polkadot’s DOT Plunges 5% as Selling Pressure Escalates! 📉🔥
📉 Polkadot’s DOT Drops 5% as Intense Sell-Off Overpowers the Market 😨
🟣 Support established at $3.55–$3.58, with resistance forming near $3.68.
📊 DOT hit an intraday high of $3.87 before sharp reversal on heavy sell volume. 🚨
📈 Major trading activity observed between 13:45–13:54 UTC, indicating bearish momentum.
DOT dipped below $3.60, reflecting weakness and confirming bearish sentiment.
📉 DOT now trades around $3.64, down 5.3% in the last 24 hours. 📉
🌐 CoinDesk 20 index also fell by ~3.7%, showing market-wide decline.
📉 Earlier recovery attempts failed around $4.11, reinforcing resistance above.
🔍 Analysts warn more downside if DOT fails to break $3.68 resistance soon. ⚠️
🧾 Quick Recap :
🔻 DOT down 5.3% from intraday highs
⚔️ Resistance = $3.68 | 🛡 Support = $3.55–$3.58
🔊 Heavy volume suggests bearish control
🌩 Market-wide correction dragging DOT down
📣 DOT holders, watch closely — the next few sessions may define direction! 🧭
🔗https://www.coindesk.com/markets/2025/08/01/polkadot-s-dot-suffers-5-decline-as-intensified-selling-pressure-overwhelms-market
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