--- title: "Bearish sentiment dominates DOT price as support weakens towards $1.10. Major moving averages breached, pointing to a possible correction ahead. $1.10 is seen as the primary downside target amid negative momentum indicators." type: "News" locale: "en" url: "https://longbridge.com/en/news/284830165.md" description: "Polkadot is currently experiencing a technical breakdown below all significant moving averages, indicating a forthcoming deeper correction. Analysts are eyeing a primary downside target of $1.10 as momentum indicators are showing negative signals across the board. This suggests that the cryptocurrency may face further downward movement in the near future." datetime: "2026-04-30T20:07:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284830165.md) - [en](https://longbridge.com/en/news/284830165.md) - [zh-HK](https://longbridge.com/zh-HK/news/284830165.md) --- # Bearish sentiment dominates DOT price as support weakens towards $1.10. Major moving averages breached, pointing to a possible correction ahead. $1.10 is seen as the primary downside target amid negative momentum indicators. Polkadot is currently experiencing a technical breakdown below all significant moving averages, indicating a forthcoming deeper correction. Analysts are eyeing a primary downside target of $1.10 as momentum indicators are showing negative signals across the board. This suggests that the cryptocurrency may face further downward movement in the near future. ### Related Stocks - [TDOT.US](https://longbridge.com/en/quote/TDOT.US.md) ## Related News & Research - [Coffee Prices Rebound on Technical Short-Covering](https://longbridge.com/en/news/286941721.md) - [Gold edges higher on possible technical recovery](https://longbridge.com/en/news/286978541.md) - [Best Buy leak hints GTA VI pre-orders may start May 18](https://longbridge.com/en/news/286472709.md) - [The S&P 500 Just Completed Its 7th Straight Up Week. History Says It's Still Time to Buy.](https://longbridge.com/en/news/287006210.md) - [‘Chicken wine’ ad banned for implying alcohol is therapeutic](https://longbridge.com/en/news/287029011.md)