Key Support 4H 2.199 USDT
Key Resistance 4H: 2.372 USDT
$DOT Current Trend: Consolidating with bearish bias
📝 Technical Indicators
1. Volume Analysis: Recent 4h candles show elevated volume during declines (e.g., 19.2M at 2.175 low), indicating selling pressure, but volume has tapered near current levels, suggesting exhaustion.
2. Capital Flow: Consistent net outflows over 24h (-6.71M USDT in contracts, -3.26M in spot), reflecting bearish sentiment. Short-term flows (1H-4H) show moderate outflows, hinting at persistent selling but at a slowing pace.
⚡⚡Analysis Outcome
$DOT Direction: Cautiously bullish (for a bounce trade).
📍Entry Timing: Enter near key support 2.199 USDT) or on a breakout above 2.300 with volume confirmation.
🗑️ Stop-Loss: Set at 2.130
💰Target Price: 2.372 resistance or 2.447
