Polkadot (DOT) Struggles at $4.11 Despite JAM Upgrade Momentum

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• DOT that is currently being traded at $ 4.11 (-2.61% in 24 hours) • Polkadot’s RSI at 54.17 indicates a neutral momentum after recent overbought conditions • Jam upgrade-launched the price above $ 4.50 but profits are partially withdrawn

What drives Polkadot -price today?

The DOT price has experienced a remarkable withdrawal in the last 24 hours and fell 2.61% from recent highlights, despite significant positive developments in the Polkadot ecosystem. Yesterday, Polkadot rose past $ 4.50 after the successful launch of the Join -Accumulate machine (JAM), which represents a fundamental shift in the network architecture by replacing the relay chain with a modular, gas -free framework that is designed to improve scalability and decentralization.

This technical progress initially led to a strong purchase interest in the DOT/USDT pair, but the momentum seems to cool because traders take profit near resistance levels. The recent decline suggests that although the jam upgrade is a positive long-term catalyst, the price of short-term price remains susceptible to broader market dynamics and profitable activities.

Polkadot has added to the positive ecosystem developments and announced plans for a Stip-Backed Stablecoin on July 17, which aims to improve liquidity and to expand the Defi utility within the ecosystem. However, this announcement seems to be priced in the current DOT prize levels, where traders are now concentrating on technical factors for the short term.

DOT technical analysis: mixed signals arise

Technical analysis of Polkadot reveals a complex image with conflicting signals about different timetables. The most important indicator is the RSI of Polkadot, which is currently 54.17, which represents a substantial cooling of the overbough area of 73.55, reported only a few days ago. This Dot RSI lecture suggests that the recent sales pressure has returned the token to neutral territory, which may set up for the next directional movement.

The MACD indicator shows Bullish Momentum for Polkadot, with the MACD line at 0.1815 that is above the signal line at 0.1622, creating a positive histogram reading of 0.0193. This suggests underlying force despite the recent price decrease.

Movement averages present a mixed image for DOT. The token acts above 20-day SMA at $ 3.98 and the 50-day SMA for $ 3.78, which indicates Bullish Momentum in the medium term. However, the DOT price is currently below the 7-day SMA at $ 4.34 and the critical 200-day SMA at $ 4.53, suggesting that recent weakness and an important level of resistance to watch.

The analysis of Bollinger bands shows DOT placed at 0.5848 between the tires, with the upper band at $ 4.73 and lower tire at $ 3.24. This neutral position in the tires suggests a balanced purchase and sales pressure.

Polkadot price levels: important support and resistance

Based on Binance Spot market data, there are various critical polkadot -support levels and resistance zones on the rise. The most direct resistance for DOT is at $ 4.67, which closely matches both the strong resistance level and the recent highlights after the announcement of the jam upgrade.

On the other hand, DOT immediate support is at $ 3.31, which represents a significant level that Bulls will want to defend. If this level fails, the following large Polkadot support levels will extend to $ 3.01, which would represent the strong support zone and closely matches the 52-week low point of $ 3.15.

The current pivot point at $ 4.09 is very close to the current DOT prize, suggesting that the token is at a critical decision point. A break above this level with volume can focus on the resistance of $ 4.67, while a failure to hold a test of the $ 3.31 support zone could see.

The daily ATR of $ 0.28 indicates moderate volatility, suggesting that movements beyond these important levels can see extensive price action in both directions.

Do you have to buy Dot now? Risk-willing analysis

For short -term traders, the current DOT price promotion presents a challenging setup with mixed signals. The recent pullback from Overbought circumstances offers a better access point than the $ 4.50+ levels that are seen after the jam upgrade, but the lack of clear directional bias requires careful risk management.

Conservative traders can consider waiting for a clear break above the level of $ 4.67 point resistance before he determines long positions, with stops under the pivot point at $ 4.09. This approach offers a favorable risk order relationship that is aimed at the previous highlights near the highest point in 52 weeks of $ 10.67.

Aggressive traders can consider almost accumulating the current level, using the $ 3.31 support as a stop-loss level. This strategy uses positive fundamental developments, including the jam upgrade and the upcoming Stabile Stablecoin, while retaining reasonable downward protection.

Long-term investors can regard the current DOT price as attractive, given the important technical upgrades and developments for ecosystem. The modular jam window work represents substantial technological progress that could stimulate acceptance and creating value in the coming months.

Conclusion

The DOT price is currently at a technical intersection, with recent fundamental developments that offer positive catalysts, while short-term momentum indicators suggest consolidation. The successful jam upgrade is a considerably positive positive for the long-term perspectives of Polkadot, but traders must view the resistance level of $ 4.67 for signs of renewed bullish momentum. If a non-claim of this level to test the DOT test of $ 3.31, making risk management crucial for decisions of the position in the next 24-48 hours.

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