Polkadot’s DOT Struggles to Reclaim Momentum Amid Tight Trading Range

Polkadot’s native token, DOT, continued to face bearish pressure despite multiple rebound attempts, fluctuating between $3.87 and $4.11 over the past 24 hours, according to technical analysis from CoinDesk Research.

The analysis highlights a strong support zone in the $3.87–$3.93 range, where institutional buying activity intensified, particularly during high-volume windows at 03:00 and 14:00 UTC. On the upside, resistance remains firm near the $4.11 mark, capping bullish momentum.

DOT’s pullback aligned with broader market weakness, as the CoinDesk 20 index slipped 3% during the same period. DOT itself declined 1.9% in the last 24 hours, trading around $3.94 at the time of writing.

Technical Overview:

• DOT’s intraday range spanned $0.24, marking a 6% swing between the $3.87 low and $4.11 high.
• Trading volume exceeded the 24-hour average of 2.87 million during key support tests.
• Strong resistance persists at $4.11, where increased sell pressure has consistently halted upward moves.
• The $3.87–$3.93 zone has attracted sustained buying interest, establishing a critical support floor.
• A V-shaped recovery took shape late in the session, with DOT rebounding off the $3.92 mark.
• A break above the $3.94 level may signal a short-term shift in sentiment, though resistance overhead remains a key obstacle.

Polkadot’s price action reflects a broader cautious tone across digital assets, with investors watching closely for sustained breakouts above resistance to validate a directional reversal.