Polkadot ($DOT) continues to struggle against strong selling pressure and, in the current 2026 backdrop, the bears maintain structural control of the chart. Trading in a tight range between $0.80 and $1.19, the altcoin is testing investors’ patience. But has the worst already passed, or is the bottom still far away?
Here’s what the main indicators reveal about the current decline:
📉 Moving Averages (EMAs) in Red Alert
The scenario is a "bearish stack". The price of $DOT is trading below the 20, 50, 100 EMAs and the crucial 200-day EMA (which sits in the $1.12 to $1.35 range). In practice, this confirms that the long-term trend is still down, and any current rally is seen as a bounce, not a reversal.