🔻 $DOT Slides Below Support — Healthy Dip or Breakdown Risk?
#Polkadot ($DOT) is down 5.49% in the last 24h, currently trading at $4.03, after failing to hold above short-term support near $4.08. The recent high of $4.676 now looks like a potential local top… but the battle isn’t over yet.
📊 Chart Breakdown:
• Price has slipped below the MA(7) and MA(99) (both at $4.08)
• MA(25) at $4.00 is being tested — this is a key make-or-break level
• Volume is fading, hinting at a cooldown phase rather than full-on panic
⚠️ What to watch:
• A bounce above $4.00 could set up a recovery play
• Failure to hold could send DOT back toward $3.66 or lower
The trend is still intact, but the momentum is clearly slowing. Caution is warranted unless bulls step back in soon.