📉 DOTUSDT - Breakdown Rising Wedge?
Market structure shows a rising wedge pattern that has broken down, accompanied by a potential double top as confirmation of short-term distribution.
The current price is held below the minor resistance area and is starting to reject from the upper Ichimoku cloud. If the candle fails to close strongly above $4.01–4.10, the chances of further decline increase.
🎯 The next correction target could be towards the $3.64 – $3.53 zone.
Beware of a retest as a bull trap.
📊 Analysis by @bazay
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