What to know : DOT was unchanged over 24 hours. Trading volume was 55% above the monthly average. The token's technical range between $1.72-$1.86 showed consolidation with a solid base formation.
was unchanged over the last 24 hours, with the token trading at $1.85.
The token's trading volume was 55% above 30-day averages, as smart money flows into DOT accelerated during the session, according to CoinDesk Research's technical analysis model.
DOT tracked broader crypto momentum rather than token-specific catalysts. The broader market gauge, the CoinDesk 20 index, was also unchanged over 24 hours.
The model showed that institutional buyers absorbed supply at higher prices.
This pattern typically precedes sustained rallies when smart money accumulates ahead of retail participation.
Technical Analysis
- Solid support base at $1.72-$1.74 zone backed by heavy volume
- $1.86 resistance caps upside with multiple rejection points
- 55% volume surge above 30-day average confirms institutional participation; 96% spike at $1.74 validates support zone strength
- $0.14 range between $1.72-$1.86 indicates consolidation phase; breakout attempt to $1.864 followed by retreat suggests range-bound trading
- Next resistance test targets $1.86-$1.87 zone; $1.83 support provides stop-loss reference for long positions
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
