$DOT /USDT – Short Trade Alert! 🔥💯
DOT has gained 8% in the past 24 hours but is now showing signs of weakness near resistance at $5.33. The price is struggling to push higher, indicating a potential rejection that could lead to a pullback. If selling pressure increases, a decline toward lower support levels is likely.
Short Setup
• Entry Zone: $5.22 – $5.30
Targets:
• T1: $5.10
• T2: $4.95
• T3: $4.75
• Stop Loss: $5.38
DOT is facing resistance near $5.30, and a failure to break higher could trigger a short-term correction. If $5.20 is breached, expect a move toward $5.10 and lower. However, a breakout above $5.38 would invalidate the short setup.
Pro Tip: Watch for decreasing volume—if buying interest fades, DOT could accelerate its drop toward $4.75. Manage risk by adjusting stop-loss accordingly.
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