‏⁦‪$DOT ‬⁩ ⁦‪

‏🔻 The technical situation is extremely negative!

‏The DOT currency is recording further technical weakness after breaking the historical low at $3.50, and is now moving in a very critical area.

‏📊 What we are currently seeing:

‏ • This week's candle is trading below previous lows with no significant buying momentum.

‏ • A weekly close like this means that the currency is completely losing support, and could pave the way towards $2.20 or even new historical lows.

‏⚠️ Despite this… the key point remains the weekly close:

‏

‏• If the price stabilizes below $3.10 by the end of the week = clear negative confirmation.

‏ • Any quick return above $3.50 with strong momentum may be a failed attempt to break support.