📉 $DOT / USDT – Bear Flag on the Chart
The Polkadot (DOT) coin is forming a classic bear flag — a pattern often indicating a continuation of the downward movement after a brief consolidation.
🔍 Technical Picture:
Current Price: $4.231
Local Flag Peak: $4.554
Local Minimum: $3.863
⚠️ Scenario on Breakdown:
If the price breaks below the lower boundary of the flag, a move to new local minimums may occur.
🎯 Targets for Pattern Completion:
Reference by Height of the Pole:
4.554 – 3.863 = 0.691
Potential Downward Target:
3.863 – 0.691 ≈ 3.17
🛡️ Invalidator:
A confident close above $4.55 may invalidate the pattern.