DOT Plunges 4% as Critical $3.80 Support Caves - What’s Next for Polkadot?

Polkadot's DOT token just hit a brutal wall—crashing through its key $3.80 support level and tumbling 4% in a single session. Traders who thought that floor would hold got a harsh reminder: crypto doesn’t do sympathy.

Technical Breakdown

The breakdown signals more pain ahead. That $3.80 wasn’t just any level—it was the line in the sand. Now that it’s gone, bears are eyeing lower targets. Momentum indicators flash red, and volume spiked on the way down. Classic capitulation stuff.

Market Reaction

Futures markets are feeling the heat. Long positions got liquidated fast—no surprise there. Meanwhile, the usual crypto pundits are already spinning this as a 'buying opportunity.' Because what’s a 4% drop in a market that treats 20% swings like a slow Tuesday?

Big Picture Pressure

It’s not just DOT. The whole altcoin complex looks shaky. Bitcoin dominance is up, risk appetite is down. Macro headwinds? Regulatory fog? Pick your poison. Even in a bull market, corrections bite—especially when support levels fail like a cheap chair.

Where From Here?

Next support sits near $3.50. If that breaks, things could get ugly. But let’s be real—this is crypto. A 4% drop is barely a warm-up. Remember: in traditional finance, that’s a bad month. Here, it’s a slow afternoon. Stay sharp.