BOSS Wallet data source, Polkadot (DOT) real-time price trend, the latest price of DOT today has reached $7.029, with an increase of 2.06%, and a trading volume of $305 million.

According to the K-line chart analysis, the current trend is fluctuating. It has significantly dropped compared to 22:00 but has rebounded compared to 17:00. The price is rising but the trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening, and the number of buyers is decreasing.
This divergence phenomenon between price and volume may be due to a lack of sell orders. In this case, future prices may experience a pullback or consolidation, as the lack of volume support makes it difficult for the price increase to be sustained. Investors should be cautious of the risk of a high-level retreat and pay attention to whether the trading volume can keep up with the price rise and if new buying orders emerge.
Trading volume decreases while the price rises. The Williams indicator indicates that it is currently neither overbought nor oversold. Recently, trading volume has decreased, with trading volume down compared to the previous few hours, while the price rises and volume decreases: upward momentum is weakening.
Upward momentum is weakening; it is advisable to remain on the sidelines and pay attention to changes in trading volume and whether there are new buying orders.


The above content is for reference only and does not constitute investment advice.