Polkadot’s DOT Slips 3% as Failed Recovery Attempts Signal Weakness

Polkadot’s DOT dropped more than 3% in the last 24-hours, sliding from $4.09 to $3.96, according to CoinDesk Research’s technical analysis model. Support has formed around $3.91-$3.93 levels with notable volume spikes during overnight trading sessions, according to the model. Volume analysis points to exhausted selling near current support zones. The Tie presented a webinar today about real-world use cases for the Polkadot blockchain, according to a post on X . The drop in DOT came as the wider crypto market also fell, with the broader market gauge, the Coindesk 20, recently down 1.2%. In recent trading, DOT was 3.1% lower over 24 hours, trading around $3.95. Technical Analysis: Price declined more than 3% over 24-hour period from $4.09 to $3.96. Support levels established around $3.91-$3.93 range. Resistance zone identified between $4.03-$4.07. Volume spike to 3.97 million at 00:00 UTC, above 2.26 million average. Critical support break occurred at $4.02 level during final hour. Volume diminished in final minutes suggesting selling exhaustion. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk’s full AI Policy .

Source: CoinDesk