๐ $DOT [4H] Analysis
Bias: BEARISH (Correction Incoming ๐ฉธ)
๐ Setup: Downtrend + Consolidation Range
๐ฏ Key Levels:
๐งฑ Res: 2.25 | 2.30
๐ก๏ธ Sup: 1.90 | 1.92
๐ง The Alpha:
DOT grinding at critical support after a significant dump. Price action is consolidating, but still under a major downtrend line. Needs to reclaim key resistance levels to show strength. Watch for a flip of the $2.05 area to target higher liquidity.
โก๏ธ Triggers:
๐ Bull: Reclaim $2.05 and flip $2.30 -> Send it to $2.65. ๐
๐ป Bear: Lose $1.90 support -> Flush to $1.70 liquidity. ๐
No guarantees. NFA. DYOR. ๐ซก
#DOT #Crypto #Trading #PriceAction
