$DOT
Here's a concise analysis of **Polkadot (DOT)** for **August 12, 2025**:
📉 **Price & Trend**
- **Current Price**: **$3.88** (down **6%** today), trading between **$3.83–$4.13** .
- **Weekly Performance**: Down **5.9%**, underperforming Bitcoin and Ethereum .
🔍 **Key Levels**
- **Support**: **$3.90** (critical daily low; break risks drop to **$3.64–$3.69**) .
- **Resistance**: **$4.15–$4.40** (recent high; breakout could target **$5.02**) .
📊 **Technical Signals**
- **Bearish Indicators**:
- Trading below **all key EMAs** (50-day: $3.90–$4.00), signaling sustained selling pressure .
- RSI at **38–49** (neutral-bearish), MACD negative .
- **Volume**: Surged to **348M+** during sell-offs, confirming institutional liquidation .
⚡ **Catalysts & Risks**
1. **Institutional Selling**: Whale deposits triggered today’s 6% drop .
2. **Polkadot 2.0 News**: Upgrade announcements are stirring market interest (bullish catalyst) .
3. **Macro Risks**: **U.S. CPI data** today may amplify volatility across crypto .
4. **Sentiment**: Mixed technical ratings (**10 Sell** vs. **5 Buy** signals) .
🔮 **Short-Term Outlook**
- **Bearish**: Failure to hold **$3.90** → drop to **$3.64–$3.69** .
- **Bullish**: Break above **$4.15** → rally toward **$4.40–$5.02** .
- **Long-Term**: 2025 target **$13.90** if DOT reclaims **$14.04** Fibonacci level .
**Summary**: DOT faces strong sell pressure but retains upgrade-driven optimism. Watch **$3.90 support** and **CPI impact** for direction!
Key Metrics:
| **Metric** | **Value** |
|------------------|-----------------|
| **24h Change** | -6% |
| **24h Volume** | $316M–$348M |
| **Market Cap** | $5.9B |
| **RSI (14)** | 38–49 |
| **Sentiment** | Neutral-Bearish |