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

  • 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.

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