$DOT USDT BEARISH MOVE AHEAD – SHORT ENTRY SETUP
Polkadot $DOT is showing clear signs of weakness after repeated rejection from the $3.19 resistance zone, with price failing to sustain above key moving averages. The market structure has shifted to lower highs and lower lows on the 4H timeframe, confirming a bearish momentum.
Technical Outlook:
Resistance Zone: $3.15 – $3.20
Support Zone: $2.95 – $2.90
Momentum: Bearish divergence visible on RSI; sellers gaining control.
Volume: Declining on upward retracements, indicating distribution phase.
Trade Setup:
Entry (Short): Below $3.05
Targets (TP):
TP1: $2.98
TP2: $2.93
TP3: $2.88
Stop Loss (SL): Above $3.18
Risk Management:
Risk only 1–2% of your capital per trade. Move stop loss to breakeven once TP1 is achieved and trail profits as price continues downward. Stick to the plan—discipline over emotion.
#MarketPullback #FranceBTCReserveBill #APRBinanceTGE #SummerOfSolana? #AITokensRally
