$DOT Long Liquidation Alert!
A massive long liquidation of $5,560.5 just hit at $4.85! Bullish traders got wiped out, creating added selling pressure in the market.
Why is this important?
Long liquidations show weak buyer strength, giving control to sellers.
If sellers keep pushing, $DOT could drop further.
A strong recovery is possible if buyers step in at key support levels.
What’s next for $DOT ?
❌ If DOT breaks below $4.85, we might see a decline toward $4.75 - $4.60.
If DOT bounces above $4.90, a recovery toward $5.00 - $5.10 is possible.
Key Levels to Watch:
🔹 Resistance: $4.90 - $5.10
🔹 Support: $4.85 - $4.60
Smart Move?
Breakdown confirmed? Consider shorting or waiting for lower entries.
Strong bounce? Look for bullish confirmation before entering.
High volatility? Use stop-loss to protect your capital.
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