$DOT /USDT TECHNICAL ANALYSIS – BEARS TEST SUPPORT, BULLS LOOKING FOR REVERSAL
Polkadot is currently trading at $4.38 (-1.37%), showing weakness after rejecting resistance near $4.46. The price is holding just above immediate support at $4.32 – $4.28, which is crucial for maintaining bullish momentum.
Resistance levels: $4.46 → $4.63 → $4.80
Support levels: $4.32 → $4.28 → $4.10
Indicators:
MACD is signaling bearish pressure, though momentum remains moderate.
EMA alignment suggests consolidation in the short term.
Order book shows 43% buys vs 57% sells, highlighting seller dominance.
📊 Outlook:
If DOT holds above $4.32, a rebound toward $4.63 is possible in the coming sessions. However, losing this support could trigger a deeper pullback toward $4.10.
🔎 Market Next: Neutral-to-Bearish in short term, but potential bullish reversal if buying pressure increases near support.
#BNBBreaksATH #BNBBreaks1000 #FedRateCut25bps #BNBChainEcosystemRally #Write2Earn!
