$DOT BEARISH PRESSURE BUILDING BELOW KEY SUPPORT! โ ๏ธ๐
๐ Current Price: $3.78
๐ป 24h Change: -3.17%
๐ Trend: Short-term bearish, testing key support zone
๐ KEY LEVELS TO WATCH:
๐ฝ Support 1: $3.77 (๐ฅ 24h low โ immediate support)
๐ฝ Support 2: $3.55 (๐ป Weekly demand zone)
๐ฝ Support 3: $3.30 (๐ Multi-month low zone)
๐ผ Resistance 1: $3.99 (๐ 24h high)
๐ผ Resistance 2: $4.10 (โ๏ธ Breakdown point / supply zone)
๐ผ Major Resistance: $4.35 (๐ง Structure flip level)
๐ฏ TRADE SETUP โ SHORT ENTRY IDEA:
Entry Zone: $3.84โ$3.95 (on bounce toward resistance)
Take Profit (TP):
TP1: $3.70
TP2: $3.55
TP3: $3.30
Stop Loss (SL): $4.12 (above structure + invalidation)
๐ Confirmation: Look for rejection wick and MACD/SAR crossover down on 1h/4h.
๐ก๏ธ RISK MANAGEMENT:
๐น Risk only 1โ2% of capital per position
๐น Stick to SL strictly due to volatility
๐น Avoid overtrading in choppy Layer 1 ranges โ wait for clean setup