Support at $3.80 Collapses, Sending DOT Lower by 4%

Polkadot Weakens as Sellers Push Price Below $3.80 Support

Polkadot’s DOT token came under renewed pressure, sliding 4% over the past 24 hours to $3.75 after a key support level gave way. The decline tracked broader market weakness, with the CoinDesk 20 Index off 2.7%.

CoinDesk Research’s technical analysis shows DOT moving within a $0.15 range, reflecting a 4% volatility spike. Resistance at $3.90 held strong, while the breakdown through $3.80 unleashed a 2.21 million surge in trading volume.

Technical highlights:

• Resistance at $3.90 remains unbroken despite repeated tests.
• Breach of $3.80 support coincided with a sharp sell-off.
• Current trading range: $3.90–$3.75 (≈4% volatility).
• A large sell order at 14:06 UTC pushed 380,614 tokens into the market.
• Multiple failed rebounds above $3.75 confirm ongoing bearish momentum.

As of the latest trade, DOT was down 3.6% on the day, holding just above $3.75 with sellers still in control.