$DOT Breakdown Alert: Support Breach in Progress
After a clean upward structure, DOT failed to hold above the $5.21–$5.23 support zone, breaking below it sharply on both the 15-min and 1-hour charts. This shift hints at a possible momentum reversal or liquidity sweep — especially as bulls failed to defend the key intraday level.
If this breakdown sustains, we could see a retracement toward the $5.05–$5.10 zone. However, a quick reclaim above $5.23 could flip the sentiment bullish again. Traders should wait for confirmation before entering new positions.