$DOT Market Update

Liquidation Alert:

$100K in long positions were liquidated at $4.345, signaling increased selling pressure and a potential shift in market sentiment.

Market Overview:

$DOT has seen a pullback after the liquidation of long positions. The price is now approaching key support levels, and the next move will depend on whether these levels hold or if further declines follow.

Key Levels to Watch:

Resistance: $6.450 – $6.500 (Critical resistance zone; breaking above could lead to a recovery)
Support: $6.200 – $6.150 (Key support area; losing this level could trigger further downside)

Trade Strategy:

Buy Zone: $6.200 – $6.345 (If price shows signs of stabilizing and holding support)
Sell Zone: $6.450 – $6.500 (If price faces resistance and struggles to break above)
Target: $6.600+ (If bullish momentum resumes and resistance is broken)

Market Sentiment:

$DOT is under pressure following the liquidation of long positions. If support around $6.200 holds, there could be an opportunity for a bounce. A break below this level might lead to further declines.

Monitor the market closely and adjust your strategy accordingly.

#MarketPullback #BitcoinVsTariffs #BitcoinReserveWave #PolkadotETF