$DOT at the Cliff’s Edge – Breakdown Brewing Below Support.....
$DOT has failed to hold above $3.41 and is showing signs of exhaustion after a lower high. Selling pressure is intensifying near the $3.35 mark with rejection wicks and weakening momentum.
Entry: 3.348
Take Profit 1: 3.26
Take Profit 2: 3.18
Take Profit 3: 3.08
Stop Loss: 3.42
If the price loses $3.32 with volume, this could signal a short-term trend reversal aiming for deeper correction. Watch for volume confirmation and continuation below $3.30.