11/25/2025
137 words
1 min read
Polkadot Slides 4% as Technical Resistance Triggers Selloff
Overview
Polkadot experienced a decline of 4% as it faced significant technical resistance, leading to a selloff in the market. The altcoin established a trading range of $0.21, which was characterized by notable intraday volatility of 9%.
Market Developments
The bearish forces in the market gained traction, contributing to the downward movement of Polkadot. The established trading range suggests a period of uncertainty, as traders reacted to the resistance levels that triggered the selloff.
Impact on the crypto market
- Polkadot’s decline reflects broader market sentiment and volatility.
- The established trading range indicates potential challenges for price recovery.
- Increased bearish activity may influence trader strategies moving forward.
- The 9% intraday volatility highlights the market’s susceptibility to sudden price movements.
- Resistance levels could serve as key indicators for future trading decisions.
Updated: 11/25/2025, 5:26:43 PM
