Hey Striver 👋
🕸️ Polkadot just tangled in its own parachains — looks like the network’s getting clipped, not lifted.
$DOT is trading around $3.33, down about -2.6% in the last 24 hours and -6.9% over the past week. Daily volume is sitting between $140M to $160M, with market cap near $4.6B.
🎯 Trade Plan (Short)
• Entry: $3.30 – $3.35
• TP1: $3.15
• TP2: $2.95
• SL: $3.42
🔍 Key Notes:
DOT recently bounced off a triple bottom near $3.47 but failed to maintain bullish momentum. The follow-through was weak, and the structure is now breaking down again. Most technical indicators flash “sell” — moving averages are pointing down, RSI is around 37, MACD has flipped negative, and there’s no bullish crossover in sight. As long as DOT stays below $3.47, the path of least resistance is lower.
✅ Final Verdict:
Go short. The setup is clean, momentum is fading, and downside levels are in reach. Don’t fight the structure — ride it.
Stick to the chart, ignore the noise.
👉 Drop the next coin when you’re ready ⚡️
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