Massive Volatility on DOT: What Happened in Late October?! 🤯
Woah, check out that volume spike and the wick below $0.633! What an eventful few weeks for Polkadot. After getting absolutely smashed, DOT/USDT has clawed its way back up to the psychological $3.00 mark. The price is now sitting right under the crucial MA(25) (yellow line), and that MA(99) is looming way up at $3.683, showing just how much ground we need to cover to feel truly bullish again.
The market sentiment is mixed: we had a good "Today" but a dreadful "90-Day" performance. The massive 71.87% bid concentration is a huge tell—a lot of traders are stacking up bids, ready to jump in if this support holds. This is a high-risk, high-reward zone. Who's brave enough to DCA into this volatility?
#DOTUSDT #CryptoTrading #PriceAction #MovingAverage #Volatility