Crypto
Polkadot's DOT Price Faces Volatility Ahead of Upper Bollinger Band
Polkadot's DOT is pushing hard against its upper Bollinger Band at $0.97, with smart money 73.7% long.
However, an overextended Stochastic at 95.56 and a dead-flat MACD histogram signal caution that the next 48 hours may be volatile.
The derivatives picture is bullish, with open interest jumping 3.44% in the last 24 hours, almost perfectly in sync with the 3.31% price move.
Top traders are sitting 73.7% long, and retail is directionally aligned at 70.3% long, with a taker buy/sell volume ratio of 1.18 confirming aggressive spot buying.