Polkadot Trades in Tight Range as Bulls Defend $3.74 Level

• DOT has once again bounced off its key support zone between $3.50 and $4.00, a level that has historically marked price reversals.
• Resistance near $3.95 remains a short-term ceiling, with a breakout above it needed to shift sentiment bullish.
• Continued consolidation is likely if DOT fails to break above resistance, though long-term holders remain active near the support.

Polkadot’s price action continues to show resilience at a key support level, with the digital asset once again finding footing in a historically significant range. At the time of reporting, DOT is trading at $3.95, representing a 3.3% gain over the past 24 hours. 

This movement comes as the asset re-enters a green “buy zone” that has previously acted as a reliable foundation during extended periods of market stress. The zone, marked roughly between $3.50 and $4.00, has consistently produced upward reversals in the past three years.

Key Support Retested as DOT Stabilizes

The $3.74 level is emerging as a critical support threshold, with price data showing multiple rebounds from this zone since early 2021. Analysts tracking DOT’s chart patterns have noted that each major downtrend since its 2021 peak has seen price stabilize and recover once this green band is revisited. This lends credibility to the view that this support region carries psychological and technical significance for long-term holders and traders.

While DOT’s current price range remains compressed, some market participants believe that the repeated tests of this zone may lead to accumulation, especially given the increased volatility seen in the broader crypto market. The pattern of lower highs and consistent higher support tests is also drawing attention to the possibility of a bottom formation in progress.

Resistance Levels and Market Behavior

Although short-term gains are made, the resistance in the $4.00 level remains the significant hurdle. The present price of $3.95, which DOT has been in favor of in recent hours, is the point of the significant short-term barrier to breach before any meaningful upward movement may be signaled. Market analysts suggest that a notable break up would shift sentiment further in its direction, making room in the direction of the next range around $5.20.

However, without a clear breakout, the potential for continued consolidation cannot be ruled out. Some traders remain cautious, citing previous price failures just above the current level as signs that momentum is not yet fully established.

Polkadot Holds Key Support as Market Awaits Clear Catalyst

As it stands, Polkadot remains range-bound but technically supported by long-term buyers defending historical lows. Whether this translates into a longer-term reversal will depend on broader market dynamics and incoming catalysts, including ecosystem developments and macroeconomic signals that influence digital asset flows. For now, DOT appears to be holding its ground at a level that many in the market consider a historical pivot.