🚨 $DOT /USDT BEARS IN CONTROL – SHORT OPPORTUNITY AHEAD! 🚨
DOT/USDT is trading at $4.680, down -1.08% for the day, signaling weakness after rejecting resistance at $4.704. The price is struggling to sustain momentum, indicating potential downside pressure.
🔎 Key Levels:
• Resistance: $4.704 – If price fails to break above, bearish momentum could accelerate.
• Support: $4.622 – A break below this could lead to further downside towards $4.578.
📉 Trade Setup (Short):
• Entry: $4.680
• Take Profit (TP): $4.622, $4.578
• Stop Loss (SL): $4.704
📊 Market Outlook:
DOT/USDT shows signs of weakness with sellers actively defending higher levels. A break below $4.622 would confirm bearish momentum, targeting deeper support levels.
⚠️ Risk Management:
Keep risk at 1–2% per trade. Tight stop loss ensures protection against sudden reversals.
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