Polkadot's DOT holds steady with token unchanged over 24 hours
CoinDesk
Polkadot's DOT token remained unchanged at $1.85 over 24 hours, despite a 55% surge in trading volume.Summary
Polkadot's DOT token was trading flat at $1.85 over the last 24 hours, mirroring the broader market's lack of movement as indicated by the unchanged CoinDesk 20 index. However, DOT's trading volume was 55% above its 30-day average, suggesting accelerated smart money flows into the token. Technical analysis indicates strong support in the $1.72-$1.74 zone, validated by a 96% spike in activity at $1.74, while resistance sits at $1.86. The current $0.14 range between $1.72 and $1.86 suggests a consolidation phase, with institutional buyers reportedly absorbing supply at higher prices, a pattern that often precedes sustained rallies.
(Source：CoinDesk)