Polkadot (DOT) is trading in a cautious range today, with live prices near $1.75–$1.85 as market sentiment remains subdued and volatility persists. DOT recently showed sideways action within a defined band, with technical indicators signaling bearish momentum and oversold conditions, suggesting limited upside in the immediate short term unless buyers step in.
Support near $1.60–$1.72 is critical — defending this zone could stabilize price and allow a modest rebound toward $1.90–$2.00 if buying pressure increases. A clean break above resistance levels around $1.90–$1.95 would be needed to shift sentiment more bullishly and attract momentum traders.
However, downside risk persists: if key support fails, DOT may drift lower toward $1.50–$1.55 before finding renewed demand. Broader market weakness and lack of strong catalysts keep short-term momentum muted.
Today’s outlook for Polkadot is neutral-to-slightly bearish, with range-bound action likely unless a clear catalyst — such as increased network activity or macro strength — drives a breakout. Watch $1.60 support and $1.90 resistance for directional clues.
