😨 Is DOT luring buyers or hiding a silent collapse? 🔍📉
The DOT currency is bouncing back from the 3.00$ level, but the rebound seems fragile, and the small candles indicate weak momentum.
The overall trend is still downward from the historical peak of 11.65$, and the price is currently trading at 3.36$.
📌 Any break of the resistance at 3.55$ could trigger a rally towards 4.77$ then 6.50$, but...
⚠️ Failure to hold above it could bring the price back to break 3.00$ and target 2.57$!
As a technical expert, I consider this area a "decision" zone — either a true bullish reversal, or a trap for the enthusiastic.
👇 What do you think? Is DOT at a golden bottom? Or just a pause before the fall?
Share your technical view or your expected entry level!