Polkadot (DOT)’s Current Position

Currently, Polkadot (DOT) is still in the red, with the price down by 1.44% at $4.10. Buyers attempted a push back above $4.20 but were thwarted thanks to growing selling pressure. DOT has strong support at $4, and should bears continue to dominate, it could drop to this level, which could attract buyers. Buyers will do their best to prevent a breach of this level. Should this level fall, all eyes will turn to DOT’s multi-year support at $4.62.