{"id":34661,"date":"2025-07-01T19:02:44","date_gmt":"2025-07-01T19:02:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34661"},"modified":"2025-07-01T19:02:44","modified_gmt":"2025-07-01T19:02:44","slug":"polkadots-dot-slips-4-from-highs-now-testing-support-at-3-32-level","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34661","title":{"rendered":"Polkadot&#8217;s DOT Slips 4% From Highs, Now Testing Support at $3.32 Level"},"content":{"rendered":"<div>\n<p>Polkadot&#8217;s DOT showed a clear trading range of 4.4%, with price action characterized by a sharp rally to $3.46 followed by a substantial correction, according to CoinDesk Research&#8217;s technical analysis model.<\/p>\n<p>The model showed that support has now formed at the $3.32 level, which is currently being tested.<\/p>\n<p>The Polkadot ecosystem suffered a <a href=\"https:\/\/www.ainvest.com\/news\/polkadot-transaction-activity-drops-36-9-ecosystem-slowdown-2506\/\">notable slowdown<\/a> in transaction activity in the first quarter of the year, with a 36.9% drop from the previous quarter to 137.1 million transactions.<\/p>\n<p>In recent trading, DOT was 2.4% lower over 24 hours at around $3.31. The broader market gauge, the CoinDesk 20, was 2.4% lower at publication time.<\/p>\n<p><strong>Technical Analysis:<\/strong><\/p>\n<ul>\n<li>The 19:00-20:00 timeframe on June 30 saw the strongest bullish momentum with above-average volume (1.81M), establishing resistance at $3.46. <\/li>\n<li>Support formed at $3.32 during the July 1 07:00 hour with high volume (1.34M). <\/li>\n<li>The final hours showed renewed selling pressure, with DOT closing near the lower end of its range at $3.33, suggesting bearish sentiment despite a brief recovery attempt during the 14:00 hour. <\/li>\n<li>The period was marked by a sharp rally to $3.36 at 15:06, establishing the hour&#8217;s high, followed by a steep sell-off that accelerated after 15:36. <\/li>\n<li>Notable volume spikes occurred at 15:31-15:32 (267K combined), suggesting institutional selling pressure. <\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Polkadot&#8217;s DOT showed a clear trading range of 4.4%, with price action characterized by a sharp rally to $3.46 followed by a substantial correction, according to CoinDesk Research&#8217;s technical analysis model. The model showed that support has now formed at the $3.32 level, which is currently being tested. The Polkadot ecosystem suffered a notable slowdown [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34661","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34661"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34661\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}