$DOT IS HITTING A CRITICAL SUPPLY ZONE THAT COULD TRIGGER A REVERSAL 📉
Entry: 0.895 - 0.921 🔥
Target: 0.865, 0.832, 0.794 🚀
Stop Loss: 0.984 ⚠️
The current recovery in $DOT looks corrective rather than impulsive, and we are now testing a clear resistance area where sellers are likely waiting. Liquidity is heavily stacked beneath recent swing lows, suggesting the market is primed for a move back down if this supply holds.
With the broader structure still favoring the downside, I am watching for a rejection at these levels to confirm the next leg lower. Do you think this resistance will hold or are we seeing a breakout?
Not financial advice. Always manage your risk.
#DOT #ShortSetup #Crypto #TechnicalAnalysis #Trading
🎯
Entry: 0.895 - 0.921 🔥
Target: 0.865, 0.832, 0.794 🚀
Stop Loss: 0.984 ⚠️
The current recovery in $DOT looks corrective rather than impulsive, and we are now testing a clear resistance area where sellers are likely waiting. Liquidity is heavily stacked beneath recent swing lows, suggesting the market is primed for a move back down if this supply holds.
With the broader structure still favoring the downside, I am watching for a rejection at these levels to confirm the next leg lower. Do you think this resistance will hold or are we seeing a breakout?
Not financial advice. Always manage your risk.
#DOT #ShortSetup #Crypto #TechnicalAnalysis #Trading
🎯