📉 DOT / USDT Analysis
⏱️ Timeframe: Daily
📊 Overall Trend: Downtrend
🔍 Quick Technical Review:
Price is trading below MA 50 and MA 200 ➜ Continuous negative pressure.
Strong resistance areas above are currently preventing any upward movement.
Price is near a key support zone (shown in green).
RSI = 35 ➜ Close to oversold levels, which may open the possibility for a short-term rebound.
🎯 Possible Scenarios:
🔄 Rebound from support ➜ Short-term corrective upward movement.
❌ Breakdown of support ➜ Continued downtrend targeting lower levels.
Any upward move will remain corrective unless resistance levels are broken and held above.
⚠️ Important Notice:
This analysis is for educational purposes only and not investment advice.
Risk management and stop-loss placement are essential.
💬 Do you expect a rebound from support or a breakdown and continued downtrend?