Polkadot Shows Early Signs of Selling Fatigue as Bears Still Hold Control
Polkadot’s DOT continues to trade under pressure on the daily chart, with price action signaling a market that is losing downside momentum but has yet to confirm a meaningful shift in trend. While selling pressure is beginning to ease, DOT remains capped below key resistance levels that continue to define the broader bearish structure.
Momentum indicators suggest exhaustion rather than reversal, pointing to the likelihood of consolidation or short-lived relief rallies instead of a sustained recovery. Moving averages remain overhead and continue to slope lower, reinforcing the idea that recent rebounds are corrective in nature until proven otherwise.
For now, the market’s focus remains on whether DOT can reclaim near-term resistance with conviction. Until that happens, Polkadot’s outlook stays cautious, with traders watching for either a stronger defense of support or a decisive break that could set the tone for the next directional move.
