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Home/News Feed/Polkadot rallies 18.9% but faces resistance at $1 amid long-term downtrend.
DOT
Rp17,417
+Rp86 +0.50%

Polkadot rallies 18.9% but faces resistance at $1 amid long-term downtrend.

Technical Signals
07 Sep 2026
AMBCrypto
View Source
Neutral
Polkadot rallies 18.9% but faces resistance at $1 amid long-term downtrend.

Polkadot (DOT) surged 18.9% since August 31, driven by a 150% spike in daily network activity, mostly in its Devnet environment. Despite this short-term rally and breaking a daily downtrend low, DOT remains in a long-term downtrend since June 2025, with key resistance at $1 and $1.38. Long-term capital flow data shows sellers still dominate, suggesting the rally may not sustain. Investors are advised to take profits and wait for a confirmed recovery above resistance levels.

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