$DOT fighting for its weekly support. The moment of truth. ⚠️
The bullish channel we reclaimed in May has broken. DOT at $1.185 — touching the critical weekly support at $1.15. RSI at 38 and falling.
This is the line that separates the bounce from free fall.
Two scenarios:
🟢 Holds $1.15 — technical bounce towards $1.25-$1.30. RSI not oversold for now.
🔴 Loses $1.15 — open path to $1.00. Key psychological level with no intermediate support.
And it’s not just DOT — today $BTC, $ADA, and $DOT hit critical supports simultaneously.
When the overall market presses like this, there’s only one way out: $BTC must stabilize first.
The fundamentals haven’t changed:
✅ DOT's "Halving" — supply cut by 53.6%.
✅ Fixed supply at 2.1B.
✅ Transactions up +200% and unique accounts up +150%..
The weekly support is the last line of defense. 👀
Will $DOT hold or are we looking for $1.00? 👇
The bullish channel we reclaimed in May has broken. DOT at $1.185 — touching the critical weekly support at $1.15. RSI at 38 and falling.
This is the line that separates the bounce from free fall.
Two scenarios:
🟢 Holds $1.15 — technical bounce towards $1.25-$1.30. RSI not oversold for now.
🔴 Loses $1.15 — open path to $1.00. Key psychological level with no intermediate support.
And it’s not just DOT — today $BTC, $ADA, and $DOT hit critical supports simultaneously.
When the overall market presses like this, there’s only one way out: $BTC must stabilize first.
The fundamentals haven’t changed:
✅ DOT's "Halving" — supply cut by 53.6%.
✅ Fixed supply at 2.1B.
✅ Transactions up +200% and unique accounts up +150%..
The weekly support is the last line of defense. 👀
Will $DOT hold or are we looking for $1.00? 👇