CryptoStatCoins

Bearish

Polkadot Price Drops 4% Amid Technical Resistance - DOT Selloff Analysis

The Polkadot (DOT) cryptocurrency experienced a 4% price decline as strong technical resistance levels triggered a market selloff. This downward movement reflects increased selling pressure at key resistance zones, causing DOT to slide significantly during today's trading session. Technical indicators show the asset facing substantial resistance barriers that prompted investors to take profits, resulting in the notable price correction. Market analysts are closely monitoring DOT's support levels to determine potential rebound opportunities or further downside risks in the coming trading days.
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