DOT Stabilizes After 7% Drop, Higher Lows Signal Renewed Buyer Interest
Polkadot (DOT) is showing early signs of technical stabilization after a sharp pullback, with price reclaiming key support and structure turning constructive on short-term charts.
DOT dropped approximately 7%, declining from $4.038 to $3.753, before bouncing off the $3.75 level — a historically responsive support zone. The recovery has brought the token back above $3.96, a pivot level now acting as interim support.
Notably, DOT has formed a “higher low”, a signal often interpreted as a bullish structural shift. The focus now turns to whether the token can build toward a breakout above the $4.00 mark, a psychological and technical resistance that has capped upward moves since late May.
Technical Summary:
- Correction Range: –7% from $4.038 to $3.753
- Support Zone: Buyers active around $3.75
- Reclaimed Level: $3.96 — now short-term support
- Structure: Higher low formation suggests recovery potential
- Upside Trigger: Clear break above $4.00 could invite trend continuation
With the broader crypto market settling and volatility easing, DOT appears poised for potential continuation — if current support holds.
