$DOT /USDT TECHNICAL ANALYSIS – BEARISH PRESSURE INTENSIFIES

$DOT is currently trading at $3.937, down 3.60% in the last 24 hours. The pair has faced resistance near $4.089 (24h high) and found support around $3.822 (24h low).

Short-term trend (MA7): $3.9 — Price is slightly above the 7-period moving average, showing mild short-term support.

Medium-term trend (MA50/MA99): MA99 sits at $4.235, indicating a strong resistance zone above the current price.

Volume: $DOT shows 9.83M DOT traded with 38.74M USDT, highlighting moderate market activity.

📉 Technical outlook:

The market is currently bearish with price below the key MA99. Immediate resistance is at $4.001, while support is at $3.822. A decisive break below this support could push DOT towards $3.75 – $3.70. Conversely, a recovery above $4.03 may signal a short-term rebound.

⚠️ Summary: Bearish momentum dominates, and traders should watch support and resistance levels closely before entering new positions.

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