$DOT Polkadot (DOT) – August 11, 2025 Market Analysis
Polkadot ($DOT) is showing mixed price action today, with traders closely watching key technical levels for potential breakouts or breakdowns.
📉 Current Price Action
As of now, DOT is trading between $4.05–$4.06, down approximately 1% over the last 24 hours. The day’s low touched $3.98, while the high reached $4.17.
⚖️ Key Support & Resistance Levels
Support Zones:
Immediate: $3.98–$4.00
Critical: $3.64 – A decisive drop below this level could trigger stronger selling pressure.
Resistance Zones:
Short-term: $4.17 (today’s high)
Bullish Breakout: $4.40 – A daily close above this could pave the way for upward momentum.
📊 Market Volume & Technical Indicators
24h Volume: ~$300M, above average, signaling high market activity despite the price dip.
RSI: 44.39 – Neutral territory, suggesting neither overbought nor oversold conditions.
Moving Averages:
Price is above the 50-day and 100-day EMAs.
Price is below the 200-day EMA ($4.39), indicating that bulls need more strength for a trend reversal.
🔮 Outlook
Short-term Bias: Neutral to Bearish
A breakout above $4.40 could invite bullish momentum.
A breakdown below $3.64 may accelerate selling pressure.
💡 Pro Tip: Keep an eye on large whale transactions and how DOT reacts to the $4.17 resistance zone. On the fundamental side, Polkadot’s long-term scalability upgrades (e.g., potential 623k TPS capability) could be a major growth driver in the coming months.
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