Polkadot Grinds at $0.88 as Momentum Stalls

Polkadot is trading at $0.88, but its momentum has flatlined and aggressive selling dominates real-time flow. Despite this, whales and retail are holding heavy long positions, making a decisive break above $0.92 crucial for the cryptocurrency's recovery.

The market context is bearish, with DOT sitting more than 20% below its 200-day moving average at $1.11. This dislocation is not minor, but rather a structurally broken chart trying to regain relevance.

Technical indicators are also painting a cautious picture. The MACD histogram has stalled, and the RSI is in neutral-to-mild bullish territory without any thrust behind it. However, the Stochastic cross is setting up in the lower range, which could be a short-term buy signal worth watching.