📉🔥$DOT USDT Short Setup: Strong Rejection from Resistance! 🔥📉📊 Trade🔴 Entry: $1.831
🛑 Stop Loss: $1.871 (Placed slightly above resistance for safety)
🎯 Take Profit: $1.745 (Targeting the local support zone)
Polkadot ($DOT) is currently facing strong selling pressure 🐻
The price attempted a recovery but failed to break above the $1.871 major resistance level, confirming bearish sentiment in the market ❌📊
💡 Technical Analysis:
On the 1-hour chart, $DOT printed a clear rejection wick at resistance and is now moving toward a support breakdown 📉
As long as the price stays below $1.871, bears remain in control 🐻
A retest of the $1.745 support zone looks highly probable ⚡
⚠️ Risk Reminder:
Short trades can be highly volatile. Always use a tight stop loss, maintain proper risk management, and trade with discipline 🧠🛡️
#DOT #Polkadot #ShortTrade #BinanceSquare $DOT
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