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Polkadot (DOT) closes below $1.08, signaling potential downside after a 3.33% drop on Oct 23.

Technical Signals
24 Oct 2026
Tokenpost
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Bearish
Polkadot (DOT) closes below $1.08, signaling potential downside after a 3.33% drop on Oct 23.

Polkadot (DOT) closed at 1.075 USDT on Oct 23, down 3.33% from the previous day, nearing its lower Bollinger band at 1.06 USDT. Analyst Parshwa Turakhiya highlighted $1.08 as a critical level for potential gains toward $1.17 and $1.27 if held, while a close below $1.08 could lead to declines toward $1.00 or even $0.94. The price ranged between 1.074 and 1.203 USDT during the day, showing volatility despite the overall downward close. This suggests cautious trading ahead as DOT tests key support levels.

Polkadot (DOT) is trading at Rp19,224 on Pluang as of Oct 24, 2026, 15:41 WIB, showing a sharper 1-day decline of 10.32% compared to the 3.33% drop noted in the article's USDT price. The platform data also reveals a market cap of Rp33.06 trillion and a balanced order activity with 52% buys and 48% sells, indicating mixed investor sentiment despite the recent price fall. DOT's circulating supply is at 82% of its total, with investors typically holding for 122 days, suggesting a moderate-term commitment amid current volatility.

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