😨 Is the DOT currency preparing to sink... or gearing up to explode?! 💥
Professional technical analysis on the 4-hour frame 🔎
📉 Current scenario:
DOT has broken a key support level at $3.55–3.58 with a clear increase in trading volume, reflecting strong selling pressure 🔻
🔸 The RSI indicator is approaching oversold (38)
🔸 The MACD remains negative despite slowing momentum
🔸 There is no clear technical pattern, but the price action suggests the possibility of a rebound or acceleration in the decline
📌 My technical recommendations:
🟥 Downward scenario: If the candle closes below $3.55 → the next target is $3.24
🟩 Upward scenario: If the close is above $3.68 with strong trading volume → the target is $3.90–4.00
🕵️ Smart monitoring: Do not enter the market before confirming the direction!
💬 What do you think? Has DOT armed itself for takeoff, or is a crash coming? Share your opinion with us 👇
