📉 #Dotusdt – Classic Head & Shoulders Breakdown! 🧠🔻

On the 4H chart, $DOT just confirmed a textbook Head & Shoulders pattern, signaling a potential trend reversal from bullish to bearish.

🧩 #Polkadot Breakdown Analysis:

Left Shoulder formed around the $4.20 zone.

Head peaked near $4.40.

Right Shoulder again faced rejection around $4.20.

Neckline support at ~$3.85 has been broken and is now acting as resistance.

🔍 Key Levels:

Resistance Zone: $3.85 - $3.90 (former support turned resistance)

Support Zone: $3.50 (next demand zone)

Current Price: $3.777 (↓2.75%)

📉 Bearish Confirmation:

The break below the neckline confirms bearish momentum, with volume backing the move. The price is currently retesting the neckline zone — if rejection holds, continuation to the $3.50 support is likely.

🎯 Possible Targets:

✅ First Target: $3.50 (marked demand zone)

❌ Invalidated if price closes back above $3.90 with strong volume. #dot 🩸