Polkadot Slides as $3.80 Support Breaks, Down 4%

Polkadot Slides as $3.80 Support Collapses

Polkadot’s DOT token dropped 4% in the past 24 hours, falling to $3.75 after losing key support at $3.80. The move came amid broader market weakness, with the CoinDesk 20 Index down 2.7%.

According to CoinDesk Research’s technical model, DOT traded within a $0.15 band, reflecting a 4% volatility spike. Resistance at $3.90 held firm, while the breakdown through $3.80 triggered a 2.21 million volume surge.

Trading data highlights:

• Resistance: $3.90 continues to cap rallies.
• Support: Breakdown at $3.80 sparked heavy selling.
• Range: $3.90–$3.75, or 4% volatility.
• Volume: 380,614 units traded in a single selloff at 14:06 UTC.
• Momentum: Multiple failed rebounds above $3.75 confirm sustained bearish pressure.

At last check, DOT was down 3.6% on the day, trading near $3.75.

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