Polkadot Daily Technical Reading Shows Bearish Bias, $0.9417 Pivot S1

A Nov. 2 technical reading for Polkadot (DOT) showed a bearish daily bias and listed classic pivot support at $0.9417.

The reading, timestamped at 5:59 a.m. ET (10:59 UTC), listed $0.9503 as the daily pivot. A separate support calculation put the nearest support at $0.9349. Classic pivot S1 is a chart reference calculated from the previous daily candle’s high, low and close; it is not a level set by the Polkadot network.

Nov. 2 chart readings placed DOT below its EMA20 at $1.05, EMA50 at $1.07 and EMA200 at $1.12. The daily RSI was 36.9, while the MACD histogram remained negative but had narrowed.