$DOT RETURNS TO SUPPLY ZONE — SELLERS LIKELY TO REACT HERE 🔥
Entry: 0.806 - 0.830 🔥
Target: 0.772, 0.740, 0.705 🚀
Stop Loss: 0.888 ⚠️
The bounce from swing lows has pushed price back into the 0.806–0.830 supply zone, a level that previously rejected price twice. The structure remains bearish — the recent leg looks corrective within the larger downtrend. Liquidity is still stacked beneath the most recent low, making a rotation lower the path of least resistance.
Volume on the 4H is declining as price approaches resistance, hinting that buyers lack momentum to force a breakout. If bids fail to absorb supply here, the probability of a sweep toward those downside targets increases rapidly.
Are you selling this zone or waiting for a retest of the range high?
Not financial advice. Always manage your risk.
#DOT #ShortSetup #SupplyZone #Polkadot #Crypto
🔥
Entry: 0.806 - 0.830 🔥
Target: 0.772, 0.740, 0.705 🚀
Stop Loss: 0.888 ⚠️
The bounce from swing lows has pushed price back into the 0.806–0.830 supply zone, a level that previously rejected price twice. The structure remains bearish — the recent leg looks corrective within the larger downtrend. Liquidity is still stacked beneath the most recent low, making a rotation lower the path of least resistance.
Volume on the 4H is declining as price approaches resistance, hinting that buyers lack momentum to force a breakout. If bids fail to absorb supply here, the probability of a sweep toward those downside targets increases rapidly.
Are you selling this zone or waiting for a retest of the range high?
Not financial advice. Always manage your risk.
#DOT #ShortSetup #SupplyZone #Polkadot #Crypto
🔥