$DOT / USDT — Downward Momentum (1H)

DOT is trading around 1.72 after failing to sustain above the 1.75–1.76 resistance zone. On the 1H timeframe, price is forming lower highs and has slipped back toward the 1.72 support, indicating increasing selling pressure. The recent bounce was weak, and momentum is shifting back in favor of the bears.

Direction: Short

Entry Zone:

1.72 – 1.74

Targets:

TP1: 1.70

TP2: 1.67

TP3: 1.62

Stop Loss:

Above 1.77

Bias:

Bearish while below 1.75. As long as DOT remains capped under this resistance, downside continuation toward 1.70 → 1.67 is likely. A strong reclaim and hold above 1.77 would invalidate the short setup and shift the bias to neutral/bullish.