Polkadot stalls near $1.061 as momentum cools after rally
Polkadot (DOT)
Editor:
Eugene Serbin
tradersunion.com reports that Polkadot (DOT) is trading at $1.01, marking a 7.1% daily increase. The asset maintains its position above short- and medium-term moving averages but remains below longer-term trend measures. On the H1 timeframe, DOT trades above the MA-20 at $1.001 and the MA-50 at $0.979.
However, it stays beneath the daily MA-200 at $1.089, with immediate support found at the Ichimoku Kijun level of $0.99. Market momentum appears robust, with MACD signaling a strong buy and ADX indicating a buy. The RSI stands at 60.242, while CCI and Bull/Bear Power also show buy signals.
Conversely, the Stochastic RSI and the Awesome Oscillator remain neutral, highlighting mixed oscillator consensus. Following a sharp rally and a gap of 0.077, DOT is near the lower boundary of its daily trading range. This positioning points to moderated momentum and a likelihood of intraday retracement.
Analysts suggest monitoring the $0.99 Ichimoku Kijun as key support against short-term risks. The expected volatility band for the next 2–3 trading days is between $0.959 and $1.061. A bullish outcome could see DOT break above resistance, while a bearish case would involve slipping below support.
How the market reacted
Whalio's own Binance spot order flow for DOT, measured when this story was written up on 17 September 2026. Not the outlet's figures.
Whalio data shows DOT trading at $1.02, with a 1-hour buy ratio of 54.9% and a 4-hour buy ratio of 51.6%. These short-term figures are higher than the 24-hour buy ratio of 52.6%, indicating that buying pressure is building in the immediate term. The Volume Delta reflects this activity, showing positive inflows of +$26,360 over 1 hour and +$28,121 over 4 hours. Over the full day, the Volume Delta reaches +$544,658, contributing to a Cumulative Volume Delta (CVD) of +$918,683 at the 24-hour close. This means that buy volume has exceeded sell volume by a substantial margin throughout the day. Spot volume totaled $10,646,629 across 92,052 trades, with net buying occurring in 13 of the 24 hours.
The latest daily buy ratio of 47.0% sits at the 23rd percentile of the last 324 days, against a median of 48.9% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for DOT, averaged over the days leading up to the story.
Compared to the preceding week, today’s 24-hour buy ratio of 52.6% is 5.1 percentage points higher than the 7-day average of 47.5%. This suggests that buying interest has intensified relative to the recent norm. However, the 24-hour spot volume of $10,646,629 represents only 0.95x the weekly average volume. This indicates that while buying pressure is stronger, the overall trading activity is slightly below the typical weekly level. Over the past 8 days, the price has changed by -9.3%, with a total Volume Delta of -$3,816,558. Today’s positive flow contrasts with the week’s net outflow, marking a shift from the previous trend.