DOT May Start a Decline if it Fails to Break This Level! Latest DOT Analysis for Bitcoin Traders!

DOT

DOT/USDT

$1.361
+0.67%
24h Volume

$136,597,898.45

24h H/L

$1.403 / $1.34

Change: $0.0630 (4.70%)

Long/Short
67.1%
Long: 67.1%Short: 32.9%
Funding Rate

-0.0214%

Shorts pay

Data provided by COINOTAG DATALive data
Polkadot
Polkadot
Daily

$1.364

-0.58%

Volume (24h): -

Resistance Levels
Resistance 3$2.03
Resistance 2$1.5477
Resistance 1$1.3795
Price$1.364
Support 1$1.3437
Support 2$1.248
Support 3$1.101
Pivot (PP):$1.3603
Trend:Downtrend
RSI (14):30.3
(11:03 AM UTC)
2 min read

Contents

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  • DOT volume increased by 33% in the last 24 hours.
  • DOT price has risen by 7% since March 30th.
  • Will DOT be able to break the critical resistance level of $6.60?

Current DOT Price Analysis! In a Critical Zone!

4 Hour DOT/USD Price Chart Source: TradingView

4 Hour DOT/USD Price Chart Source: TradingView

When we examine the current DOT price chart, it is moving close to the important resistance zone of $6.60. If the DOT price cannot make 4-hour candlestick closes above the $6.60 resistance level, it may start the downtrend from this zone.

The critical level that DOT investors should pay attention to is the $6.60 zone. If DOT cannot break this level, it may initially realize a drop to the $6.20 levels.

If DOT makes daily candlestick closes below the $6.20 level, it is possible for it to continue the downtrend and drop to the $6 levels.

Short-Term DOT Price Analysis!

2 Hour DOT/USD Price Chart Source: TradingView

2 Hour DOT/USD Price Chart Source: TradingView

When we examine the Polkadot (DOT) price chart in a short time frame, it continues to move within the important resistance zone range.

If DOT wants to clear the liquidity at the $6.50 zone by making an upward movement, short confirmation can be sought from the $6.52 levels.

Unless DOT makes 4-hour candlestick closes above the $6.60 level, the downtrend target will be the zone mentioned in the analysis.

DK

David Kim

COINOTAG author

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