Polkadot DOT Retreats 0.71% While Holding Key Support at $1.87

The DOT token from Polkadot registered a 0.71% decline in the last 24 hours, although it remains relatively stable according to the most recent technical analysis. With a current price of $1.94 and a trading range between $1.87 and $2.00, the token’s behavior reflects a market dynamic where buyers continue to defend key psychological levels against overall selling pressure.

Support Level at $1.87 Confirms Institutional Interest

During the most recent session, DOT experienced an intraday decline that tested the critical support zone at $1.87. The traded volume of ($717.69K in 24 hours) was moderately above historical averages, reflecting sustained but not exceptional trading activity compared to previous periods of higher volatility. The significant point is that, after reaching that technical floor, the token executed a dynamic rebound suggesting the presence of institutional buyers absorbing selling pressure at these key levels.

This V-shaped behavior from the session lows is an important technical indicator confirming structural support around $1.87, turning this level into a potential accumulation zone where larger investors are interested in acquiring positions.

Exceptional Volume Indicates Intense Trading Activity

Although the current volume of $717.69K remains moderate, it is important to contextualize that peak trading activity in DOT has historically exceeded these levels. The ratio of price movement versus traded volume suggests that the current structure reflects consolidation rather than mass panic selling. Compared to the general benchmark index CoinDesk 20, which only retreated 0.2%, DOT’s behavior shows greater relative market resilience in this session.

Technical Outlook: Resistance and Bullish Targets

The technical analysis of the current structure identifies a nearby resistance zone at $2.00, a psychological level coinciding with the highest in the last 24 hours. For DOT to break through these bullish barriers and aim for more ambitious targets, a new catalyst would be required to generate increased trading volume and greater institutional participation.

Conversely, if the price tests support again at $1.87, the strength of this level will determine whether the current structure is consolidative or anticipates a deeper correction. Traders are closely monitoring the price behavior around $1.90-$1.95, an equilibrium zone where the next direction of movement will be defined.

Macroeconomic Context and Volatility Risks

Recent fluctuations in cryptocurrency markets, including episodes of massive liquidation of leveraged positions exceeding $625 millions in 24 hours, highlight the volatile macroeconomic environment facing the sector. Factors such as uncertainty around US trade policies and market expectations generate pronounced intraday oscillations that particularly affect traders with high leverage.

For DOT investors, this presents a warning about the inherent risks of using aggressive leverage during these periods of structural volatility. The strength of the technical support at $1.87 provides some protection but does not eliminate systemic risks in the broader market.