🚀 Polkadot (DOT) Price Update & Analysis
Current Price: $4.52 (-1.46%)
📊 Market Cap: $7.03B | 24H Volume: $616M
⚠️ Sentiment: Bearish (Fear Index: 34 – Fear)
🔹 Key Insights:
- DOT is struggling to gain momentum, trading in a weak range.
- Support: $3.59
- Resistance: $5.50
- High inflation (57.48% yearly) is increasing supply, making price recovery harder.
📈 Price Prediction:
- Short-term: Expected to range between $3.80 – $5.20.
- Mid-term: A breakout above $5.50 could push it to $7–$9 if demand increases.
🚨 DOT needs strong buying pressure to break resistance.
Watch for volume spikes and market sentiment shifts!
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