$DOT Spot Market Update
$DOT is trading at $4.222 on the spot market — the live price for immediate buying or selling. Spot trading means exchanging $DOT directly for USD, USDT, or another crypto without using leverage, making it simpler and generally less risky than margin trading.
Traders monitor key price zones for guidance:
Resistance: Around $4.50–$4.60, where selling pressure could appear.
Support: Near $4.00–$4.05, where buying interest may strengthen.
Spot traders use these levels to time their moves. Holding above support could lead to a rebound, while a breakout past resistance may indicate more upside potential.
Risk management is essential — many set stop-loss orders just below support to cap losses. Depending on volatility, traders often target price moves of 3–8% between support and resistance.