$DOT /USDT – Rebound or Further Drop? 🔥
Current Price: $4.713 (-3.91%)
$DOT has faced a sharp decline, dropping from $4.955 to $4.454, but is now attempting a recovery. Bulls need to break above $4.80 for upside confirmation, while bears are eyeing further downside if key support fails.
📈 Long Setup – Potential Bounce
Entry Zone: $4.680 - $4.750
Targets:
T1: $4.880
T2: $5.000
T3: $5.150
Stop Loss: $4.600
📉 Short Setup – Continuation of Downtrend
Entry Zone: $4.750 - $4.800
Targets:
T1: $4.600
T2: $4.450
Stop Loss: $4.900
Market Insights & Pro Tips
🚀 Bullish Case: If DOT breaks and holds above $4.80, expect a move toward $5.15+.
⚠️ Bearish Case: A failure to hold $4.680 could push DOT lower toward $4.450.
📊 RSI & Volume: Momentum is weak, but a rebound attempt is forming. Volume increase is needed for confirmation.
🔥 Key Prediction: If DOT holds above $4.700 and breaks $4.80, expect a rally toward $5.15. However, failure to hold support could lead to a drop toward $4.450.
Trend Analysis: Bearish with Possible Rebound ⚡
Bulls must reclaim $4.80+ for strength.
If $4.600 fails, expect another drop before stabilization.
