📉🚨DOT/USDT is flashing strong bearish signals on the daily chart! 😱
Key Observations:
* Confirmed Breakdown: Price has decisively broken down from recent support within a descending channel (white lines on chart 1). 📉💔
* Lower Targets Imminent: Expect potential moves towards $2.50, and possibly even $1.50 or lower if bearish momentum persists. ⬇️🎯
* RSI Confirmation: The Relative Strength Index (RSI) confirms strong selling pressure, trending downwards. ⚡️📊
* Macro Downtrend: This move is a continuation of DOT's prolonged macro downtrend (yellow channel on chart 2 since 2025). ⏳📉
🚨 Caution is Key! 🚨
This is a high-risk environment. Traders should exercise extreme caution with long positions. 🚫📈 Watch for signs of support or further capitulation. 👀
Stay safe & DYOR! 🙏🔍
#DOTUSDT #CryptoAnalysis #Bearish #TechnicalAnalysis #Polkadot #Trading 📉⚠️💰