Polkadot Price Stuck at $0.82: Bounce or Breakdown?
Polkadot's price has been stuck at $0.82 for some time, with its MACD flatlined and spot volume near dead.
The 200-day SMA is sitting 57% above current price, a structural indictment of the chart's damage.
Top traders hold a 69.1% long position, but the market is waiting for conviction from either side.
The Bollinger Band setup shows DOT deep in the lower quarter of its band range, with a historically consistent pattern suggesting mean-reversion to the 20-day middle band at $0.84.