$DOT USDT: Bearish Re-Test Incoming - Short Sell in Supply Zone
After a sharp decline, the USDT/USD pair is now re-testing the broken support level at 3.52-3.54 as new resistance. The price has formed a corrective upward movement, but the overall trend remains bearish. Unless the bulls break the 3.54 level, sellers are likely to regain control to continue the decline.
🔻 Trading Setup - Short Sell Signal
• Entry Zone: 3.48-3.53
• Take Profit:
• TP1: 3.42
• TP2: 3.38
• Stop Loss: 3.537
• Margin: 2-3% of the portfolio
• Leverage: 10x
📉 Market Outlook:
Momentum is slowing down as the price approaches a key resistance area. This is a classic bearish re-test pattern, where failed breakout attempts indicate strong selling pressure. A breakout below the 3.45 level confirms price continuity.$DOT