Polkadot DOT Price Trapped Below Key Averages
Polkadot (DOT) is facing significant technical hurdles as its price struggles to break above key resistance levels. As of August 31, 2026, DOT is trading at $0.83, a level that has been stubbornly resistant to buyers' efforts.
The token's short-term trend remains bearish, with multiple moving averages stacked against it. The 200-day EMA of $1.12 is particularly significant, as it represents the macro trend and highlights how far DOT has fallen from its highs.
Despite some stabilization in recent sessions, Polkadot's overall market structure remains weak. Price action is sandwiched between resistance at $0.87 and support at $0.82, leaving little room for expansion.