$DOT /USDT BEARISH BREAKDOWN IN PLAY 🚨📉
Polkadot ($DOT/USDT) is showing bearish momentum after a sharp -4.31% drop, currently trading at $4.08. The rejection from recent highs and strong selling pressure indicate downside potential ahead.
🔍 KEY LEVELS TO WATCH:
Resistance: $4.15 🚫
Support 1: $4.00 ✅
Support 2: $3.85 🔻
Price failed to hold above $4.15 and is now hovering just above critical support at $4.00. A breakdown below this could trigger further selloff.
🧨 TRADE SETUP – SHORT IDEA:
Entry: $4.05 - $4.08
Target 1: $4.00
Target 2: $3.85
Stop Loss: $4.18
📊 RISK MANAGEMENT TIP:
Never risk more than 1-2% of your capital per trade. Keep emotions in check and let your stop-loss do its job. 🎯🔒
🚨 Stay sharp, trade safe!
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