🔻 $DOT /USDT – Bearish Retest in Play! 🔻
$DOT just pulled off a textbook bearish retest — after a sharp decline, price has now rejected the old support at $3.333, which is acting as fresh resistance. This is a prime short setup for sellers looking to catch the next leg down.
Momentum remains weak, and with sellers stepping in at key levels, further downside is likely as long as $3.406 holds as resistance.
📉 Short Trade Setup
Entry: $3.333
Target 1: $3.283
Target 2: $3.270
Target 3: $3.261
Stop Loss: $3.406
✅ Strategy:
This setup is ideal for a trend continuation short. Enter near the rejection zone. If price stays below $3.333 with volume supporting the move, hold for TP zones.
If DOT reclaims $3.406 with strength, cut the trade early — no need to fight the trend.
Bear markets reward precision — don’t chase, let the levels work. 🧠📉