#DOT $DOT TOKEN UNLOCK — $200M+ HITS THE MARKET!

#DOT_UPDATE #DOTUSD

On August 7, Polkadot ($DOT) saw a massive unlock — over $200 MILLION worth of $DOT tokens released into circulation in a single event.

That’s tens of millions of tokens suddenly available to sell, stake, or trade — a huge liquidity shock for the market.

📊 Why This Matters

For an asset trying to break resistance, a sudden flood of supply often triggers selling pressure.

Early holders or institutions may use this opportunity to take profits.

The market will now need to absorb the excess before DOT can push higher.

⚡ What to Expect Next

Volatility Surge: Expect larger-than-usual intraday price swings.

Resistance Retest: DOT could struggle to push past key resistance levels if selling pressure persists.

Potential Dip Buys: Sharp pullbacks may offer short-term entry points for aggressive traders.

🔍 Key Levels to Watch

Resistance: $6.60 – $6.80 zone

Support: $6.20 – $6.00

A break below $6 could spark stop-loss cascades, while a clean break above $6.80 could surprise bears.

💬 Trader Take:

The next 72 hours will be crucial. If the market shrugs off this $200M supply shock, DOT could signal strong buyer demand — but if volume dries up, brace for a slide.

$DOT