The post Polkadot Consolidates Above Key Moving Averages as DOT Holds $4.10 Support Zone appeared on BitcoinEthereumNews.com.

Darius Baruo
Oct 09, 2025 04:52

DOT trades at $4.11 with minimal 0.07% daily gain, maintaining position above all major moving averages while technical indicators suggest continued sideways action near critical pivot levels.

Market Overview Polkadot’s native token DOT is trading at $4.11, registering a modest 0.07% gain over the past 24 hours within a tight range of $4.07 to $4.24. The cryptocurrency has demonstrated resilience by maintaining its position above key moving averages, with trading volume reaching $28.96 million. Current price action suggests DOT is consolidating near the $4.14 pivot level, with technical indicators pointing toward neutral momentum in the near term. Technical Picture The moving average structure presents a constructive backdrop for DOT, with the token trading above its 20-day simple moving average at $4.10, representing a 0.3% premium. More significantly, DOT maintains positions above both the 50-day SMA at $4.07 and the critical 200-day SMA at $4.03, suggesting the longer-term trend remains intact despite recent sideways price movement. Technical momentum indicators are providing mixed signals. The RSI reading of 49.5 sits firmly in neutral territory, indicating neither overbought nor oversold conditions. The MACD has turned bullish with a positive histogram reading of 0.0048, though the magnitude suggests modest upward pressure rather than strong directional conviction. The current price structure indicates DOT is testing its ability to hold above the confluence of moving averages, a critical juncture that often determines short-term directional bias. Volume patterns show steady but unremarkable participation, typical of consolidation phases. Critical Levels to Watch Immediate resistance at $4.46 represents the first significant hurdle for any upward movement, roughly 8.5% above current levels. A break above this zone could target the next resistance at $4.88, marking potential gains of nearly 19%. These levels align with previous reaction…

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Filed under: News - @ October 10, 2025 10:28 am