$DOT 𝗧𝗘𝗖𝗛𝗡𝗜𝗖𝗔𝗟 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 (𝗛𝗜𝗦𝗧𝗢𝗥𝗬)
#TRUMPCoinMarketCap #LTCETF
Key Points with Historical Insight:
1. Double Top Formation: Around indicating bearish momentum and potential downside.
2. CHoCH Confirmation: Clear trend shift to the downside.
3. Order Block (OB): Strong demand zone near $6.55, likely to attract buyers.
4. Resistance Level: $7.2 could act as resistance during a recovery attempt.
5. Historical Insight: Based on historical data, after a double bottom and triple touch, DOT-USDT typically experiences high volatility. While this dip seems unsupported by strong fundamental reasons, it's likely a technical pullback that could test the demand zone before rising again.
Risk Note: Volatility remains a key factor; manage positions carefully. $GALA $ALGO
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and past performance is not indicative of future results. Always conduct your own research and consult with a professional advisor before making any trading decisions. Trade responsibly.
