$DOT now at 1.96 — the situation has changed slightly
the price broke the 1.98 level that we considered the “support line that confirms the scenario”.
This does not mean the end of the rebound, but it means that the likelihood of an increase has become less than before, and that we have entered a phase that requires closer monitoring.
What we are watching now:
If the price returns above 1.98 quickly, the possibility of a rebound remains
If it stays below 1.98 and starts heading towards 1.90, then the scenario changes completely
Importantly: the strong support we mentioned around 2.00 is no longer as solid as it was before, so any attempt to rise must be accompanied by a clear return above 1.98.
In summary:
the bullish scenario is still possible, but it needs quick confirmation.
If the support fails, the next target will be around 1.90 or lower.
