#DOTUSDT – Potential Reflection 👀📈
On the daily timeframe, stock #DOT shows weakness in the downward momentum, with price consolidation and no new lower lows recorded.
The stock now forms the right shoulder of a potential inverted head and shoulders pattern, which is a classic reversal pattern, with the possibility of rising towards the neckline at $2.4.
Alert: A daily close below $1.85 will invalidate this pattern ⚠️
$DOT
DOTUSDT
Perp
1.739
-6.45%