DOT Price Stuck at $0.84 as Whale Positioning Suggests Near-Term Squeeze
The price of DOT is currently stuck at $0.84, with momentum flatlining and open interest bleeding. However, whale positioning and aggressive taker buying suggest a near-term squeeze attempt toward $0.90-$0.95.
The short-term moving averages are pressing down from above, with the 7-day SMA at $0.86 and the EMA 12 at $0.85 acting as a ceiling that has refused to break. Meanwhile, the medium-term structure is holding the floor, with the SMA 20 at $0.83 and SMA 50 at $0.82.
Retail investors are 65.1% long, while smart money is 70.9% long. Taker buy volume is running at a 1.38 ratio to sell volume, but open interest has declined by 3.47% over the last 24 hours.