๐จ $DOT /USDT โ Oversold Opportunity or Falling Knife? ๐ฏ๐
$DOT is under pressure, slipping to $3.48 with bearish momentum building. RSI is deeply oversoldโbut is this the bottom, or just the beginning of a breakdown? Letโs dive in.
๐ Market Overview
๐ Current Price: $3.485
๐ 24h High: $3.595
โ๏ธ 24h Low: $3.459
๐ Parabolic SAR: ~$3.432 (Very close to supportโdecision point)
๐ MACD Momentum:
DIF: Strongly bearish
DEA: Bearish crossover
MACD Histogram: Deep in redโmomentum favors sellers
๐ RSI (6): 26.10 (Oversold! Possible reversal brewing)
๐ Moving Averages (Trend Watch):
MA(7): 3.512
MA(25): 3.544
MA(99): 3.715
๐ DOT Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If DOT Holds Above $3.45):
Entry: Above $3.52
Targets: $3.59, $3.69, $3.82
Stop-Loss: $3.39
๐น Bearish Scenario (If DOT Breaks Below $3.39):
Entry: Below $3.39
Targets: $3.25, $3.10, $2.95
Stop-Loss: $3.55
๐ Should You Hold or Exit?
โ RSI < 30 = Oversold โ Reversal potential is high
โ Price near major support at $3.45
โ ๏ธ MACD & MA trend is negativeโno signs of strength yet
๐ก Pro Tip:
Look for bullish divergence on RSI + volume spike above $3.52โthis could spark a sharp relief rally toward $3.80+.
๐ข Are you scooping up DOT here, or waiting for $3.00? Drop your gameplan below!
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