DOT’s price faces a key threshold; if it can break through the current supply level, a rally could follow.The next move for DOT remains uncertain as conflicting metrics keep market sentiment divided, leaving room for volatility across upcoming trading sessions.DOT is currently trading between two significant levels that could shape its direction in the upcoming sessions.
The Chaikin Money Flow , which assesses the flow of liquidity into or out of an asset, has shown an uptick, with a current reading of 0.11. A positive CMF value suggests increasing buying pressure, which typically aligns with a potential upward price movement for DOT. Conversely, the Parabolic SAR, a trend-following indicator that signals reversals, displays a bearish sentiment. This is indicated by multiple dots above DOT’s price, suggesting ongoing selling pressure and a likely continuation of the downtrend.