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Friday, August 1, 2025

Could Polkadot continue the path to its support level? Friday, August 01, 2025.

Could Polkadot continue the path to its support level? Friday, August 01, 2025.

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Could Polkadot continue the path to its support level? Friday, August 01, 2025.
Back Crypto-currencies

Could Polkadot continue the path to its support level? Friday, August 01, 2025.

Polkadot – Friday, August 01, 2025.Sellers

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01.08.2025 08:02 AM

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Polkadot – Friday, August 01, 2025.Sellers are quite dominant in the Polkadot cryptocurrency, as confirmed by the Death Cross EMA position and the RSI(14) indicator in Extreme Bearish conditions, potentially exposing it to pressure throughout the day.Key Levels1. Resistance 2: 3.9832.2. Resistance 1: 3.8579.3. Pivot: 3.7853.4. Support 1: 3.6600.5. Support 2: 3.5874.Tactical ScenarioPressure Risk Zone: If the price breaks down and closes below 3.6600, Polkadot will continue its decline to 3.5874.Momentum Extension Bias: If 3.5874 is successfully broken and closes

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