Polkadot (DOT) Price Drops Amid Afternoon Selloff: Technical Analysis
The price of Polkadot's (DOT) token experienced a decline during the U.S. afternoon trading session. According to reports, the selloff led to a technical breakdown, erasing earlier gains that DOT had achieved. The price reportedly plunged through the $2.19 support level, accompanied by heavy trading volume. The development suggests increased selling pressure impacting the cryptocurrency's market value.
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