Polkadot's DOT slipped 4% in the last 24 hours, dropping to $3.75 dragged down b a decline in the broader crypto market.

The token's trading range was $0.15, marking a 4% volatility spike, according to CoinDesk Research's technical analysis model.

Resistance held firm at $3.90, while DOT fell through the $3.80 support level. Technical structure has deteriorated rapidly with a number of recovery attempts failing, according to the model.

The wider crypto market also fell, with the broader market gauge, the Coindesk 20, losing 2.7%.

In recent trading Polkadot was 3.6% lower over 24 hours, trading around $3.75.

Technical Analysis:

• Resistance at $3.90 holds through multiple tests.
• Support breakdown at $3.80 triggers 2.21 million volume spike.
• Trading range of $0.15 represents 4% volatility between $3.90 and $3.75.
• Volume surge at 14:06 UTC hits 380,614 units during price collapse.
• Recovery attempts fail above $3.75 threshold repeatedly.
• Bounce failures confirm sustained selling across all timeframes.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to . For more information, see .